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.

A number of analysts gave price targets for TGT. The most optimistic analyst gave a price target of 77, which equates to a potential upside of 38.14 percent. The most pessimistic analyst gave a price target of 46, implying potential capital losses of -17.47 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 13.75 percent. That number becomes 20.61 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of TGT to grow at a rate of -11.64 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TGT is -0.98.

TGT has traded between a high of 79.33 and a low of 48.56 over the past year. The current market price is above the trailing year's low by 14.79 percent, and 29.74 percent below the 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 stock has a market capitalization of $30.92 billion. TGT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.