Analyst Ratings for Target Corp. (TGT)

Updated: 2017-07-28

Analysts covering Target Corp. (NYSE:TGT) have given it a consensus rating of Hold. Last month, TGT received an average rating of Hold.

Of the 26 analysts covering the stock, 2 gave it a buy rating, 1 issued an overweight rating, 18 gave a hold rating, 0 gave an underweight rating, and 5 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.

TGT was given price targets by several analysts. The most optimistic price target was 77, implying potential capital gains of 38.14 percent. The most pessimistic price target was 46, implying a possible loss of -17.47 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 13.75 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 20.61 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.94 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 9.15 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 7 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of TGT to grow at a rate of -11.64 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. TGT has a PEG ratio of -0.98.

In the last 52-weeks, TGT has achieved a high of 79.33 and a low of 48.56. The current market price is above the trailing year's low by 14.79 percent, and below the high by 29.74 percent. TGT has a price/earnings ratio of 11.39. Investors typically compare the P/E ratio to a company's peers in the industry. The TGT value stock report compares TGT to some of its peers using value stock charts. The market cap of TGT is $30.92 billion. TGT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.