Quarterly Financial Update for Target Corporation (NYSE:TGT)

Lloyd Doyle
October 13, 2017

According to today's trading volume Hewlett Packard Enterprise Company is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. About 8.28 million shares traded or 44.25% up from the average. It has outperformed by 1.89% the S&P500.

In other Target Corporation news, insider Hourigan Rice Jacqueline sold 4,679 shares of the stock in a transaction that occurred on Friday, September 15th. As of the end of the quarter Osborn Rohs Williams & Donohoe Ltd had disposed of a total of 3,052 shares trimming its holdings by 6.7%. WI's holdings in Target Corporation were worth $2,530,000 as of its most recent filing with the SEC. The stock increased 2.69% or $1.55 during the last trading session, reaching $59.15. It is down 12.04% since October 12, 2016 and is uptrending. It has underperformed by 33.21% the S&P500. Allstate Corp (NYSE:ALL) was raised too. Vetr upgraded shares of Target Corporation from a "hold" rating to a "buy" rating and set a $59.66 price objective for the company in a report on Monday, June 19th. On average, analysts expect that Target Corporation will post $4.51 earnings per share for the current fiscal year. Parallel Advisors LLC boosted its stake in shares of Target Corporation by 23.8% during the 2nd quarter. Citigroup Inc. cut shares of Target Corporation from a "buy" rating to a "neutral" rating and lifted their price objective for the company from $51.00 to $56.00 in a report on Wednesday, June 21st. UBS maintained Target Corporation (NYSE:TGT) rating on Thursday, November 19. $69.90's average target is 21.35% above currents $57.6 stock price. BMO Capital Markets reaffirmed a "market weight" rating on shares of Target Corporation in a research note on Thursday, September 14th. The rating was initiated by Bernstein with "Outperform" on Tuesday, February 7. Target Corporation now has an average rating of "Hold" and a consensus price target of $63.08.

Target Corporation (NYSE:TGT) last announced its quarterly earnings data on Wednesday, August 16th. The stock of Target Corporation (NYSE:TGT) has "Neutral" rating given on Thursday, November 19 by UBS. The retailer reported $1.23 EPS for the quarter, beating the consensus estimate of $1.20 by $0.03. TGT's profit will be $464.33 million for 17.10 P/E if the $0.85 EPS becomes a reality. After posting $1.23 EPS for the previous quarter, Target Corporation's analysts now forecast -30.89 % negative EPS growth. Five research analysts have rated the stock with a sell rating, seventeen have given a hold rating and five have issued a buy rating to the stock. Therefore 21% are positive. As per Thursday, February 25, the company rating was maintained by M Partners. RBC Capital Markets maintained 3M Co (NYSE:MMM) on Friday, October 23 with "Underperform" rating. Zacks upgraded it to "Hold" rating and $91 target in Thursday, August 20 report.


Several blemishing value in the stock market possibly will oblige dedication of a person and lot of hard work. The firm has "Hold" rating by Deutsche Bank given on Tuesday, August 25. The firm has "Market Perform" rating by Telsey Advisory Group given on Wednesday, March 1. The firm has "Neutral" rating by Guggenheim given on Friday, September 30. Hedge funds and other institutional investors own 83.23% of the company's stock. Mn Services Vermogensbeheer B.V. now owns 87,730 shares of the retailer's stock worth $4,587,000 after buying an additional 73,499 shares during the period. The value of the investment in Target Corporation went from $1,122,000 to $1,376,000 a change of $254,000 quarter to quarter.

Over the past five trading sessions shares of Gannett Co., Inc. Alphamark Limited Co holds 109 shares or 0.01% of its portfolio. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.75% in the stock.

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