Analysts Set Target Corporation (NYSE:TGT) Target Price at $116.32

by · The Cerbat Gem

Target Corporation (NYSE:TGTGet Free Report) has received a consensus rating of “Hold” from the thirty-three analysts that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eleven have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $116.3214.

TGT has been the topic of several research reports. BMO Capital Markets upped their price target on Target from $105.00 to $130.00 and gave the company a “market perform” rating in a report on Wednesday, March 4th. Piper Sandler upped their price target on Target from $102.00 to $119.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. The Goldman Sachs Group upped their price target on Target from $91.00 to $112.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Mizuho set a $120.00 price target on Target in a report on Thursday, March 5th. Finally, Oppenheimer upped their price target on Target from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, March 4th.

Get Our Latest Stock Report on TGT

Insider Activity

In other Target news, CAO Matthew A. Liegel sold 2,053 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $117.19, for a total transaction of $240,591.07. Following the sale, the chief accounting officer directly owned 12,143 shares of the company’s stock, valued at $1,423,038.17. The trade was a 14.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Institutional Trading of Target

Several large investors have recently added to or reduced their stakes in the company. Crawford Investment Counsel Inc. raised its stake in Target by 0.4% during the 4th quarter. Crawford Investment Counsel Inc. now owns 20,163 shares of the retailer’s stock valued at $1,971,000 after purchasing an additional 90 shares during the period. Valtinson Bruner Financial Planning LLC raised its stake in Target by 2.6% during the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 3,604 shares of the retailer’s stock valued at $352,000 after purchasing an additional 92 shares during the period. Auxano Advisors LLC raised its stake in Target by 3.0% during the 4th quarter. Auxano Advisors LLC now owns 3,193 shares of the retailer’s stock valued at $312,000 after purchasing an additional 93 shares during the period. Neumann Capital Management LLC raised its stake in Target by 0.8% during the 4th quarter. Neumann Capital Management LLC now owns 13,280 shares of the retailer’s stock valued at $1,298,000 after purchasing an additional 100 shares during the period. Finally, Ausdal Financial Partners Inc. raised its stake in Target by 1.1% during the 4th quarter. Ausdal Financial Partners Inc. now owns 9,209 shares of the retailer’s stock valued at $900,000 after purchasing an additional 102 shares during the period. 79.73% of the stock is owned by institutional investors and hedge funds.

Target Price Performance

Shares of NYSE:TGT opened at $121.92 on Wednesday. Target has a 12 month low of $83.44 and a 12 month high of $126.00. The stock has a market cap of $55.21 billion, a price-to-earnings ratio of 15.00, a PEG ratio of 5.07 and a beta of 1.03. The stock’s 50 day moving average price is $116.91 and its 200 day moving average price is $102.89. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36.

Target (NYSE:TGTGet Free Report) last announced its earnings results on Tuesday, March 3rd. The retailer reported $2.44 EPS for the quarter, topping the consensus estimate of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to analysts’ expectations of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.41 earnings per share. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Equities research analysts anticipate that Target will post 8.69 earnings per share for the current fiscal year.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be issued a $1.14 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.56 annualized dividend and a dividend yield of 3.7%. Target’s dividend payout ratio is currently 56.09%.

Target Company Profile

(Get Free Report)

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.

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