Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
151.16
+0.98 (0.65%)
At close: Oct 25, 2024, 4:00 PM
151.00
-0.16 (-0.11%)
After-hours: Oct 25, 2024, 7:58 PM EDT
Target Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Target stock have an average target of 177.61, with a low estimate of 116 and a high estimate of 210. The average target predicts an increase of 17.50% from the current stock price of 151.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Target stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 12 | 13 | 13 |
| Buy | 7 | 7 | 7 | 6 | 6 | 6 |
| Hold | 13 | 12 | 13 | 10 | 10 | 11 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 32 | 33 | 29 | 30 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $170 → $165 | Hold | Maintains | $170 → $165 | +9.16% | Oct 22, 2024 |
| Bernstein | Bernstein | Hold Initiates $168 | Hold | Initiates | $168 | +11.14% | Oct 22, 2024 |
| Melius Research | Melius Research | Strong Buy Initiates $180 | Strong Buy | Initiates | $180 | +19.08% | Sep 23, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $195 | Buy | Maintains | $195 | +29.00% | Sep 19, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $153 → $167 | Hold | Maintains | $153 → $167 | +10.48% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
107.83B
from 107.41B
Increased by 0.38%
Revenue Next Year
111.32B
from 107.83B
Increased by 3.24%
EPS This Year
9.65
from 8.94
Increased by 7.92%
EPS Next Year
10.64
from 9.65
Increased by 10.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 113.5B | 118.1B | 122.4B | ||
| Avg | 107.8B | 111.3B | 115.2B | ||
| Low | 102.8B | 104.9B | 106.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7% | 9.5% | 10.0% | ||
| Avg | 0.4% | 3.2% | 3.5% | ||
| Low | -4.3% | -2.7% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.60 | 12.25 | 13.76 | ||
| Avg | 9.65 | 10.64 | 11.71 | ||
| Low | 8.82 | 9.70 | 10.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.6% | 27.0% | 29.3% | ||
| Avg | 7.9% | 10.3% | 10.1% | ||
| Low | -1.3% | 0.5% | -1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.