Target Corp (TGT) Stock Forecast & Predictions

Target Corp TGT: $205.57

1000 Nicollet Mall, Minneapolis, Minnesota, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://corporate.target.com/

  • Market Cap$103.10B
  • Change (52 Weeks)96.33%
  • Low (52 Weeks)$99.07
  • Target Corp (TGT) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Target Corp (TGT) stock price is $205.57 and the 52 weeks low is $99.07, which means the Target Corp stock price is up 96.33% in the last 12 months.

    Target Corp (TGT) Stock Price has been Trending Strongly with an ADX reading of 31.44 as per the Weekly Chart.

    A Upward trend indicates that Target Corp (TGT) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that TGT Stock price might rise further, 25.00% indicating that TGT Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall TGT stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Target Corp (TGT) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Target Corp (TGT) is based on 33 Institutional Analyst Ratings where 48.48% are on Strong Buy, 30.30% on Moderate Buy, 21.21% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 33 Institutional Analysts, majority recommended TGT stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Target Corp.

    Target Corp (TGT) Stock Price Prediction By Analysts


    HighLowAverage
    $273.00$152.51$213.42
    $213.423.82% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for TGT set by the institutional analysts is $213.42 where High Estimate is $273.00, Median $215.22 and Low $152.51.

    The average price target for TGT by Institutional Analysts is $213.42, which is 3.82% Upside from the current price. So according to the Institutional Analysts, TGT Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Target Corp (TGT) Stock Forecast Based on News Sentiment


    Bullish
    Based on 31 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about TGT, it shows that Target Corp had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that TGT stock price may surge in the next few weeks.

    Target Corp (TGT) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JP MorganOverweightMaintained
    StifelBuyMaintained
    GuggenheimBuyUpgraded
    StifelBuyMaintained
    JefferiesHoldMaintained
    DA DavidsonBuyMaintained
    BMO CapitalOutperformMaintained
    BairdOutperformMaintained
    StifelBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Cowen & Co.OutperformMaintained
    Argus ResearchBuyUpgraded
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersNeutralUpgraded
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    Raymond JamesStrong BuyMaintained
    DA DavidsonBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    MKM PartnersSellInitiated
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    StifelHoldMaintained
    Nomura InstinetBuyMaintained
    Deutsche BankBuyReiterated
    BairdOutperformReiterated
    B of A SecuritiesBuyReiterated
    CFRAHoldMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    NomuraBuyMaintained
    Deutsche BankBuyMaintained
    BMO CapitalOutperformUpgraded
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    Stifel NicolausHoldMaintained
    NomuraBuyMaintained
    Deutsche BankBuyReiterated
    BMO CapitalMarket PerformMaintained
    Odeon CapitalBuyInitiated
    Cowen & Co.OutperformMaintained
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    BuckinghamBuyMaintained
    Bank of AmericaBuyMaintained
    BairdOutperformMaintained
    UBSNeutralMaintained
    KeyBancOverweightMaintained
    NomuraBuyInitiated
    JP MorganOverweightMaintained
    Goldman SachsBuyMaintained
    BuckinghamBuyMaintained
    Raymond JamesStrong BuyInitiated
    UBSNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    CitigroupBuyUpgraded
    Buckingham ResearchBuyReiterated
    Bank of AmericaBuyReiterated
    Deutsche BankBuyUpgraded
    Goldman SachsBuyInitiated
    UBSNeutralMaintained
    JP MorganOverweightUpgraded
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightUpgraded
    BernsteinMarket PerformDowngraded
    BarclaysOverweightUpgraded
    Evercore ISI GroupIn-LineInitiated
    Deutsche BankHoldMaintained
    BMO CapitalMarket PerformMaintained
    Standpoint ResearchBuyUpgraded
    CitigroupNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupNeutralMaintained
    KeyBancOverweightInitiated
    BuckinghamBuyInitiated
    Cowen & Co.OutperformUpgraded
    BMO CapitalMarket PerformInitiated
    CitigroupNeutralMaintained
    Wells FargoMarket PerformMaintained
    UBSNeutralMaintained
    Stifel NicolausHoldMaintained
    BarclaysEqual-WeightMaintained
    BairdOutperformMaintained
    UBSNeutralMaintained
    Credit SuisseOutperformInitiated
    BairdOutperformUpgraded
    SusquehannaPositiveUpgraded
    BarclaysEqual-WeightUpgraded
    Moffett NathansonNeutralInitiated
    Stifel NicolausHoldMaintained
    Morgan StanleyUnderweightMaintained
    Wells FargoOutperformInitiated
    BMO CapitalMarket PerformMaintained
    MKM PartnersBuyUpgraded
    Gordon HaskettHoldUpgraded
    CitigroupNeutralDowngraded
    Gordon HaskettSellInitiated
    Telsey Advisory GroupMarket PerformDowngraded
    SusquehannaNeutralInitiated
    BernsteinOutperformInitiated
    Stifel NicolausHoldInitiated
    Goldman SachsSellDowngraded
    GuggenheimNeutralInitiated
    Cowen & Co.Market PerformDowngraded
    Goldman SachsNeutralMaintained
    CitigroupBuyMaintained
    Goldman SachsNeutralMaintained
    NomuraNeutralMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganNeutralMaintained
    CitigroupBuyMaintained
    BarclaysUnderweightMaintained
    Deutsche BankHoldMaintained
    Wolfe ResearchPeer PerformDowngraded
    BarclaysUnderweightDowngraded
    JP MorganNeutralMaintained
    Cowen & Co.OutperformMaintained
    Cowen & Co.OutperformMaintained
    CitigroupBuyInitiated
    Cowen & Co.OutperformMaintained
    BMO CapitalMarket PerformMaintained
    UBSNeutralMaintained
    Deutsche BankHoldMaintained
    BMO CapitalMarket PerformDowngraded
    MacquarieOutperformInitiated
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyUpgraded
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    Stifel NicolausHoldDowngraded
    JefferiesHoldMaintained
    Wolfe ResearchOutperformInitiated
    Cowen & Co.OutperformInitiated
    Morgan StanleyUnderweightMaintained
    JefferiesHoldMaintained
    BarclaysOverweightMaintained
    Credit SuisseNeutralMaintained
    JefferiesHoldMaintained
    StifelBuyUpgraded
    CitigroupNeutralInitiated
    JefferiesHoldMaintained
    JP MorganNeutralMaintained
    Goldman SachsNeutralDowngraded
    Deutsche BankHoldMaintained
    Cowen & Co.Market PerformUpgraded
    Morgan StanleyUnderweightInitiated
    Morgan StanleyUnderweightInitiated
    UBSNeutralMaintained
    JP MorganNeutralMaintained
    MKM PartnersNeutralDowngraded
    Sterne AgeeNeutralInitiated
    NomuraNeutralInitiated
    Credit SuisseNeutralMaintained
    Cowen & Co.UnderperformDowngraded
    Goldman SachsBuyUpgraded
    BMO CapitalOutperformMaintained
    Bank of AmericaUnderperformDowngraded
    Deutsche BankHoldMaintained
    Bank of AmericaUnderperformDowngraded
    ISI GroupBuyMaintained
    Deutsche BankHoldMaintained
    Pacific CrestOutperformInitiated
    William BlairUnderperformDowngraded
    Janney CapitalNeutralDowngraded
    ISI GroupBuyDowngraded
    CitigroupBuyMaintained
    BairdNeutralDowngraded
    SusquehannaNeutralDowngraded
    JP MorganNeutralDowngraded
    Deutsche BankHoldDowngraded
    UBSNeutralInitiated
    Morgan StanleyOverweightMaintained
    Buckingham ResearchNeutralDowngraded
    Deutsche BankBuyMaintained
    Wells FargoOutperformUpgraded
    Cowen & Co.NeutralInitiated
    PiperJaffrayOverweightMaintained
    CitigroupBuyUpgraded
    JP MorganOverweightMaintained
    JefferiesHoldDowngraded
    Stifel NicolausHoldInitiated
    JP MorganOverweightUpgraded
    Buckingham ResearchBuyUpgraded
    PiperJaffrayOverweightMaintained
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    Goldman SachsBuyMaintained
    CitigroupNeutralMaintained
    Bank of AmericaNeutralMaintained
    PiperJaffrayOverweightMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralDowngraded
    Goldman SachsBuyMaintained
    CitigroupBuyMaintained
    PiperJaffrayOverweightMaintained
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    JefferiesBuyUpgraded
    Deutsche BankBuyUpgraded

    Target Corp (TGT) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.059
    The average consensus EPS for TGT is $2.059 with a high estimate of $3.087 and Low of $1.582 for the period 2021-06-30 and based on 25 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.79$1.61776752020-12-31


    The latest average Earning Per Share Estimate for Target Corp is $2.06, which is lower than TGT's last EPS, $2.79. This means that Analysts are expecting Target Corp to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Target Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.79$1.61776752020-12-31
    $3.38$1.63835132020-09-30
    $$2.5610572020-06-30
    $2.67$2.16626822020-03-31
    $1.36$1.20056682019-12-31
    $1.82$1.63335182019-09-30
    $1.53$1.44738052019-06-30
    $1.53$1.53226092019-03-31
    $1.09$1.12641259999999992018-12-31
    $1.47$1.41217190000000012018-09-30
    $1.32$1.40077912018-06-30
    $1.37$1.38883082018-03-31
    $0.91$0.86788292017-12-31
    $1.23$1.20064760000000012017-09-30
    $1.21$0.92314000000000012017-06-30
    $1.45$1.52119132017-03-31
    $1.04$0.83781520000000012016-12-31
    $1.23$1.13230092016-09-30
    $1.29$1.20557642016-06-30
    $1.52$1.55356180000000022016-03-31
    $0.86$0.86768092015-12-31
    $1.22$1.12430172015-09-30
    $1.1$1.04213822015-06-30
    $1.5$1.47438792015-03-31
    $0.54$0.47790172014-12-31
    $0.78$0.80230362014-09-30
    $0.7$0.72191772014-06-30
    $0.9$0.80070780000000012014-03-31
    $0.56$0.6341792013-12-31
    $0.97$0.96735779999999992013-09-30
    $0.82$0.8559752013-06-30
    $1.47$1.49239622013-03-31
    $0.81$0.78241672012-12-31
    $1.06$1.01688820000000012012-09-30
    $1.04$1.01961522012-06-30
    $1.43$1.41512110000000012012-03-31
    $0.82$0.74694552011-12-31
    $1.03$0.97602362011-09-30
    $0.99$0.95261182011-06-30
    $1.38$1.40960652011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).