Target Corporation – Consensus Indicates Potential 4.9% Upside

Broker Ratings
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Target Corporation with ticker code (TGT) now have 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 193 and 83.27 with a mean TP of 165.77. Given that the stocks previous close was at 158.07 this now indicates there is a potential upside of 4.9%. The 50 day moving average now sits at 159.05 and the 200 day moving average is 135.76. The company has a market capitalisation of $79,944m. Visit the company website at: http://corporate.target.com

The potential market cap would be $83,838m based on the market concensus.

Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise; beauty and household essentials; The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com. As of March 25, 2020, the company operated approximately 1,900 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

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