Several brokerages have updated their recommendations and price targets on shares of Target Corp. (NYSE: TGT) in the last few weeks:
Shares of Target Corp. (NYSE:TGT) traded up 0.567% during midday trading on Friday, reaching $68.275. The company’s stock had a trading volume of 1,493,325 shares. The stock has a market capitalization of $39.24 billion, a PE ratio of 12.634 and a beta of 0.68. The stock’s 50 day moving average is $69.07 and its 200 day moving average is $73.11. Target Corp. has a 12 month low of $65.50 and a 12 month high of $84.14.
Target Corp. (NYSE:TGT) last announced its quarterly earnings data on Wednesday, August 17th. The retailer reported $1.23 EPS for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.11. The business earned $16.20 billion during the quarter. Target Corp. had a net margin of 4.59% and a return on equity of 23.59%. The firm’s quarterly revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.22 EPS. On average, analysts forecast that Target Corp. will post $4.95 EPS for the current fiscal year.