Target Corporation (NYSE:TGT) Given Average Rating of “Hold” by Analysts

Shares of Target Corporation (NYSE:TGT) have been assigned an average rating of “Hold” from the thirty-four analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $116.4483.

A number of research analysts have issued reports on TGT shares. Sanford C. Bernstein raised shares of Target from an “underperform” rating to a “market perform” rating and boosted their price objective for the company from $91.00 to $116.00 in a research report on Wednesday, March 4th. The Goldman Sachs Group raised their target price on shares of Target from $91.00 to $112.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. UBS Group lifted their target price on shares of Target from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. Mizuho set a $120.00 price target on shares of Target in a research note on Thursday, March 5th. Finally, TD Cowen lowered their price objective on shares of Target from $105.00 to $90.00 and set a “hold” rating for the company in a report on Thursday, November 20th.

Target Trading Down 1.6%

TGT opened at $114.92 on Friday. Target has a one year low of $83.44 and a one year high of $126.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.36. The business has a 50 day simple moving average of $112.81 and a two-hundred day simple moving average of $99.41. The firm has a market capitalization of $52.04 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 4.86 and a beta of 1.12.

Target (NYSE:TGT) last issued its quarterly earnings data on Tuesday, March 3rd. The retailer reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.16 by $0.28. The firm had revenue of $30.45 billion for the quarter, compared to analyst estimates of $30.52 billion. Target had a return on equity of 22.25% and a net margin of 3.54%.The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company earned $2.41 EPS. Target has set its Q1 2026 guidance at 1.300- EPS and its FY 2026 guidance at 7.500-8.500 EPS. Analysts predict that Target will post 8.69 EPS for the current year.

Target Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be given a dividend of $1.14 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.56 annualized dividend and a dividend yield of 4.0%. Target’s payout ratio is currently 56.09%.

Institutional Investors Weigh In On Target

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WFA of San Diego LLC bought a new stake in shares of Target during the 2nd quarter valued at $25,000. Jessup Wealth Management Inc bought a new position in shares of Target in the 4th quarter worth about $25,000. Altshuler Shaham Ltd bought a new position in shares of Target in the 4th quarter worth about $26,000. Heartwood Wealth Advisors LLC purchased a new position in Target during the 3rd quarter valued at about $27,000. Finally, Global Wealth Strategies & Associates lifted its position in Target by 192.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 292 shares of the retailer’s stock valued at $29,000 after acquiring an additional 192 shares during the period. 79.73% of the stock is owned by hedge funds and other institutional investors.

Target Company Profile

Target Corporation (NYSE: TGT) is a U.S.-based general merchandise retailer headquartered in Minneapolis, Minnesota. The company operates a network of full-line and small-format stores across the United States alongside a national e-commerce platform and mobile app. Target’s retail assortment spans apparel, home goods, electronics, groceries and household essentials, plus beauty, baby and pet categories. The firm complements national brands with a portfolio of owned and exclusive labels and partnerships that help differentiate its merchandise assortment.

Target traces its roots to the Dayton Company, founded by George Dayton in 1902; the Target discount chain was launched in 1962 and the parent company later adopted the Target Corporation name.