Target Corporation – Consensus Indicates Potential 4.9% Upside

Broker Ratings
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Target Corporation with ticker code (TGT) have now 25 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 193 and 83.27 with a mean TP of 165.77. With the stocks previous close at 158.07 this is indicating there is a potential upside of 4.9%. The 50 day moving average now sits at 159.05 and the 200 day MA is 135.76. The company has a market capitalisation of $79,944m. You can visit the company’s website by visiting: 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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