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Were Analysts Bullish Target Corporation (NYSE:TGT) This Week?

14 September 2017

Target Corporation had 61 analyst reports since July 21, 2015 according to SRatingsIntel. Cardinal Capital Management Llc Ct owns 1.17 million shares or 1.65% of their USA portfolio. Symons Capital Management Inc. owned about 0.06% of Target Corporation as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. The shares price has positioned -1.00% down over the past quarter while it has directed 3.81% toward a rising position throughout past six months. Next Financial Group, Inc owns 9,760 shares with a value of $510,000,000. OLD National Bancorp IN grew its holdings in shares of Target Corporation by 13.8% during the first quarter. Hennessy Advisors Inc. now owns 113,500 shares of the retailer's stock valued at $6,264,000 after acquiring an additional 39,900 shares during the last quarter. BTC Capital Management Inc. increased its position in Target Corporation by 346.2% during the first quarter. LSV Asset Management now owns 4,849,168 shares of the retailer's stock valued at $333,040,000 after buying an additional 292,180 shares during the last quarter. Breton Hill Capital Ltd. purchased a new stake in Target Corporation during the first quarter valued at $374,000. The stock has been active on the tape, now trading at $57.29, up from yesterday's close by 0.03%. Baird Financial Group, Inc. now owns 717,205 shares worth $37,503,000. Target Corporation (NYSE:TGT) has declined 16.51% since September 12, 2016 and is downtrending. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.63 earnings per share. The company has market cap of $31.63 billion. The stock carved out a 52-week low down at $48.56.

Target Corporation (NYSE TGT) opened at 57.89 on Wednesday. As of the latest earnings report the EPS was $4.95 and is estimated to be $4.51 for the current year with 546,231,000 shares outstanding. Target Corporation had a return on equity of 25.18% and a net margin of 4.75%. The firm had revenue of $16.43 billion for the quarter, compared to the consensus estimate of $16.30 billion. During the same period in the previous year, the firm posted $0.86 EPS. The business's quarterly revenue was up 1.6% on a year-over-year basis. The company recently declared a dividend that was paid on Sun Sep 10, 2017. The ex-dividend date was set for Monday the 14th of August 2017. The dividend yield was $4.27. Target Corporation's dividend payout ratio is now 42.93%. "Acquires Shares of 337,085 Target Corporation (TGT)" was published by TrueBlueTribune and is owned by of TrueBlueTribune. UBS AG reiterated a "neutral" rating and set a $56.00 price target (down previously from $60.00) on shares of Target Corporation in a research report on Tuesday, June 20th.

Among 24 analysts covering Target Corporation (NYSE:TGT), 6 have Buy rating, 3 Sell and 15 Hold. Sanford C. Bernstein started coverage on Target Corporation in a research note on Monday, February 6th. Telsey Advisory Group maintained Target Corporation (NYSE:TGT) on Wednesday, January 18 with "Outperform" rating. ValuEngine cut Target Corporation from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. Four analysts have rated the stock with a sell rating, seventeen have given a hold rating and eleven have given a buy rating to the stock. The company now has an average rating of "Hold" and an average price target of $61.64. Robert M. Harrison, CAO let go of $137,360 worth of shares at an average price of $52.05 on Wednesday the 5th. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

Target Corporation (Target), launched on February 11, 1902, is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.