What Analysts Have to Say About Target Corp (NYSE:TGT)?

What Analysts Have to Say About Target Corp (NYSE:TGT)?

Gould Asset Management LLC CA boosted its stake in shares of Target by 0.3% in the fourth quarter. Prospera Financial Services Inc's holdings in Target were worth $442,000 as of its most recent SEC filing. Carroll Financial Associates Inc. boosted its position in Target by 5.8% in the first quarter. Cribstone Capital Management LLC now owns 1,906 shares of the retailer's stock worth $101,000 after buying an additional 1,016 shares during the last quarter. The stock was purchased at an average price of $58.20 per share, with a total value of $116,400.00. TRUE Private Wealth Advisors boosted its position in Target by 0.9% in the first quarter.

While looking at the Stock's Performance, Target Corp. now shows a Weekly Performance of -5.77%, where Monthly Performance is 2.69%, Quarterly performance is -16.29%, 6 Months performance is -23.03% and yearly performance percentage is -23.29%. The firm has "Market Perform" rating given on Monday, September 12 by Cowen & Co. Renaissance Technologies LLC purchased a new stake in shares of Target during the fourth quarter worth about $129,277,000.

A number of other hedge funds have also made changes to their positions in the stock. At the time of writing, Shares the company recently traded 4.40% away 52-week low and noted price movement -29.98% away from the 52-week high level.

Target Corp. (TGT) closed its previous trading session at $54.53 with the loss of -1.48%.

Liberty Ventures (LVNTA) declined -2.85% and its total traded volume was 0.87 million shares contrast to the average volume of 0.74 million shares. The firm has a market capitalization of $30.83 billion, a price-to-earnings ratio of 11.877 and a beta of 0.63.

Analysts who have weighed in on projected earnings growth are expecting that Target Corp (NYSE:TGT) will report earnings of $0.91 for the current quarter on or around *BMO5/17/17, however the company's high EPS estimates are $1.01 and low estimates are $0.82. The company reported EPS of $1.45, below the consensus estimate calling for EPS of $1.51 - a positive surprise of 3.72%. The company had revenue of $16.02 billion during the quarter, compared to the consensus estimate of $15.63 billion. Target had a return on equity of 25.18% and a net margin of 4.75%. Year to date is 36.83%, 14.82% over the last quarter, 29.36% for the past six months and 34.10% over the last 12 months.

The company recorded first quarter adjusted income from continuing operation of $ 1.21 per share, while analysts from Thomson Reuters expected income of $ 0.91 per share.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 10th. This represents a $2.40 annualized dividend and a yield of 4.36%. The ex-dividend date of this dividend is Monday, May 15th. Target Corp. P/E (price to earnings) ratio is 11.98 and Forward P/E ratio of 13.63.

TRADEMARK VIOLATION WARNING: This piece of content was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another site, it was stolen and reposted in violation of USA & global copyright legislation. The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/05/18/proshare-advisors-llc-acquires-106967-shares-of-target-co-tgt-updated.html. Susquehanna Bancshares Inc started coverage on Target in a research note on Friday, February 10th. They set an "outperform" rating and a $77.00 price objective for the company. High growth rates in EPS are more reliable in the case of "matured companies" which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run. Buckingham Research reissued a "buy" rating and set a $71.00 price objective on shares of Target in a research report on Wednesday, April 19th. Zacks Investment Research cut shares of Target from a "hold" rating to a "strong sell" rating in a research report on Monday, March 20th.

Some buy side analysts are also providing their Analysis on Target Corp., where 4 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 18 said it's a HOLD, 3 reported it as Underperform and 1 analysts rated the stock as Sell.

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