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.

Many analysts weighed in on price targets for TGT. The highest price target was 77, implying potential capital gains of 38.14 percent. The minimum price target given was 46, which equates to a potential downside of -17.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 3.94 percent. 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. Also over the last month, 9 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of TGT's earnings is estimated by analysts to be -11.64 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. TGT has a PEG ratio of -0.98.

TGT has traded between a high of 79.33 and a low of 48.56 over the past year. Today's price is 14.79 percent above the 52-week low, and 29.74 percent lower than its 52-week high. TGT has a P/E 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's next earnings release will be on 0000-00-00, which is days away.