Target Corporation (TGT)
NYSE: TGT · Real-Time Price · USD
123.45
+1.86 (1.53%)
Nov 22, 2024, 9:56 AM EST - Market open
Target Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Target stock have an average target of 161.87, with a low estimate of 108 and a high estimate of 210. The average target predicts an increase of 31.12% from the current stock price of 123.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Target stock from 30 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 13 | 13 | 11 |
| Buy | 7 | 7 | 6 | 6 | 6 | 6 |
| Hold | 13 | 14 | 10 | 10 | 11 | 12 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 33 | 34 | 29 | 30 | 31 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $165 → $137 | Hold | Maintains | $165 → $137 | +10.98% | Nov 21, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $180 → $145 | Strong Buy | Maintains | $180 → $145 | +17.46% | Nov 21, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $165 → $145 | Hold | Maintains | $165 → $145 | +17.46% | Nov 21, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $165 → $130 | Hold | Maintains | $165 → $130 | +5.31% | Nov 21, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $195 → $160 | Strong Buy | Maintains | $195 → $160 | +29.61% | Nov 21, 2024 |
Financial Forecast
Revenue This Year
107.83B
from 107.41B
Increased by 0.39%
Revenue Next Year
111.31B
from 107.83B
Increased by 3.23%
EPS This Year
9.66
from 8.94
Increased by 8.02%
EPS Next Year
10.64
from 9.66
Increased by 10.17%
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 | 9.66 | 10.64 | 11.65 | ||
| Low | 8.82 | 9.70 | 10.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.6% | 26.9% | 29.3% | ||
| Avg | 8.0% | 10.2% | 9.5% | ||
| Low | -1.3% | 0.4% | -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.