Target Corporation (NYSE:TGT) registered a -0.73% decrease, still its new closing price is 0.24% up from the company’s 1 year high of 82.14.It posted -0.62% losses in previous 5 sessions and is now the subject of 18 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 28 stock analysts following this company have an average price target at $73.85, with individual PT in the $60.00-$90.00 range. The shares moved at $63.70, implying that brokerage firms see shares losing about -7.33% in twelve months time.
Target Corporation (TGT) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -11.81% fall year to date. A Director at Target Corporation (TGT) offloaded shares in a transaction closed on Friday December 02, 2016. AUSTIN ROXANNE S sold 3,957 shares in the company at $77.87 each and collected $308,000 in proceeds. AUSTIN ROXANNE S now owns 32,522 shares in the company after this transaction. A Director in the company, MULCAHY ANNE M, disclosed a transaction on Thursday November 17, 2016 that ended up generating $298,001 from the sale of 3,957 shares at $75.45 per share.
Target Corporation (NYSE:TGT) Upcoming Results on Tap
Target Corporation will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $1.33 in that period. Sales during the quarter are predicted to arrive at $16.22 billion.
Earnings surprise history: Last quarter, the company posted approximately $16.44 billion in revenue and EPS of $1.04. The mean forecast was for $16.3 billion and $0.83 a share, respectively. One quarter earlier, revenue for the stock was at $16.17 billion, with earnings at $1.23/share.
Target Corporation (TGT) Brokerage Update
Target Corporation (TGT) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Goldman, according to news reported on Thursday January 19, 2017.Another important research note was issued by Cowen on Monday September 12, 2016.The firm downgraded TGT to Market Perform from Outperform. Over the last six months and over the last three months, the shares of Target Corporation (TGT), have changed -13.42% and -6.34%, respectively.