Analysts who follow Target Corporation (TGT) on average expect it to increase 1.36% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating puts TGT higher than 56 of stocks, based on data compiled by InvestorsObserver.
Click Here to get the full report on Target Corporation (TGT) Stock.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Target Corporation Stock Today?
Target Corporation (TGT) stock is up 0.29% while the S&P 500 is down -0.06% as of 9:45 AM on Friday, Nov 8. TGT has gained $0.32 from the previous closing price of $110.61 on volume of 7,833 shares. Over the past year the S&P 500 is up 9.85% while TGT has gained 26.63%. TGT earned $5.43 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.39.
