Target Corporation – Consensus Indicates Potential 6.6% Upside

Broker Ratings

Target Corporation with ticker code (TGT) have now 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 180 and 83.27 and has a mean target at 160.25. Now with the previous closing price of 150.31 this would imply there is a potential upside of 6.6%. The 50 day moving average now sits at 132.79 and the 200 day MA is 116.89. The company has a market capitalisation of $75,463m. Company Website: http://investors.target.com

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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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