Target Corporation (TGT)
NYSE: TGT · IEX Real-Time Price · USD
145.39
-0.35 (-0.24%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Target Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Target stock have an average target of 176.83, with a low estimate of 116 and a high estimate of 210. The average target predicts an increase of 21.62% from the current stock price of 145.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Target stock from 32 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 11 | 11 | 12 | 12 |
| Buy | 8 | 8 | 7 | 7 | 7 | 7 |
| Hold | 15 | 15 | 14 | 14 | 13 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 31 | 32 | 32 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $165 → $166 | Hold | Maintains | $165 → $166 | +14.18% | Jun 20, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Sell Initiates $116 | Sell | Initiates | $116 | -20.21% | Jun 3, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $209 → $190 | Strong Buy | Maintains | $209 → $190 | +30.68% | May 23, 2024 |
| Baird | Baird | Buy Maintains $190 | Buy | Maintains | $190 | +30.68% | May 23, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $191 → $181 | Buy | Maintains | $191 → $181 | +24.49% | May 23, 2024 |
Financial Forecast
Revenue This Year
107.92B
from 107.41B
Increased by 0.47%
Revenue Next Year
111.90B
from 107.92B
Increased by 3.69%
EPS This Year
9.45
from 8.94
Increased by 5.66%
EPS Next Year
10.46
from 9.45
Increased by 10.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 112.9B | 117.9B | 123.1B | 127.9B | 134.0B |
| Avg | 107.9B | 111.9B | 115.9B | 121.4B | 126.4B |
| Low | 102.8B | 106.0B | 109.2B | 115.0B | 118.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.1% | 9.2% | 10.0% | 10.4% | 10.3% |
| Avg | 0.5% | 3.7% | 3.5% | 4.8% | 4.1% |
| Low | -4.3% | -1.8% | -2.4% | -0.7% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.22 | 11.68 | 13.26 | 13.09 | 14.14 |
| Avg | 9.45 | 10.46 | 11.34 | 12.01 | 13.13 |
| Low | 8.82 | 7.73 | 8.10 | 11.32 | 12.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3% | 23.6% | 26.8% | 15.4% | 17.8% |
| Avg | 5.7% | 10.8% | 8.4% | 5.9% | 9.3% |
| Low | -1.3% | -18.1% | -22.5% | -0.2% | 2.3% |
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.