The Latest Analyst Ratings For Target

Analysts' ratings for Target TGT over the last quarter vary from bullish to bearish, as provided by 31 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 10 11 10 0 0
Last 30D 0 1 0 0 0
1M Ago 10 8 10 0 0
2M Ago 0 1 0 0 0
3M Ago 0 1 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $178.06, a high estimate of $206.00, and a low estimate of $153.00. This current average reflects an increase of 14.83% from the previous average price target of $155.07.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

A comprehensive examination of how financial experts perceive Target is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Rupesh Parikh Oppenheimer Raises Outperform $200.00 $170.00
Joseph Feldman Telsey Advisory Group Raises Outperform $195.00 $160.00
Christopher Horvers JP Morgan Raises Neutral $180.00 $157.00
Robert Ohmes B of A Securities Raises Buy $190.00 $160.00
Michael Lasser UBS Raises Buy $191.00 $174.00
Scot Ciccarelli Truist Securities Raises Hold $160.00 $142.00
Kate McShane Goldman Sachs Raises Buy $194.00 $176.00
Bill Kirk Roth MKM Raises Neutral $153.00 $140.00
Greg Melich Evercore ISI Group Raises In-Line $180.00 $165.00
Mark Astrachan Stifel Raises Hold $177.00 $153.00
Steven Shemesh RBC Capital Raises Outperform $191.00 $157.00
Kelly Bania BMO Capital Raises Market Perform $170.00 $145.00
Corey Tarlowe Jefferies Raises Buy $195.00 $170.00
Paul Trussell Deutsche Bank Raises Buy $206.00 $149.00
Michael Baker DA Davidson Raises Buy $195.00 $167.00
Paul Lejuez Citigroup Raises Neutral $180.00 $142.00
Seth Sigman Barclays Raises Equal-Weight $169.00 $142.00
Robert Drbul Guggenheim Raises Buy $190.00 $160.00
George Kelly Wells Fargo Raises Overweight $190.00 $165.00
Simeon Gutman Morgan Stanley Raises Overweight $190.00 $165.00
Daniela Bretthauer HSBC Raises Buy $195.00 $140.00
Michael Lasser UBS Maintains Buy $174.00 $174.00
Joseph Feldman Telsey Advisory Group Maintains Outperform $160.00 -
Christopher Horvers JP Morgan Raises Neutral $157.00 $125.00
Joseph Feldman Telsey Advisory Group Maintains Outperform $160.00 -
Rupesh Parikh Oppenheimer Raises Outperform $170.00 $160.00
George Kelly Wells Fargo Raises Overweight $165.00 $155.00
Mark Astrachan Stifel Raises Hold $153.00 $141.00
Chuck Grom Gordon Haskett Announces Buy $170.00 -
Simeon Gutman Morgan Stanley Raises Overweight $165.00 $140.00
George Kelly Wells Fargo Raises Overweight $155.00 $148.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Target. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Target compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Target's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Target's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Target analyst ratings.

Delving into Target's Background

Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target: A Financial Overview

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Target's remarkable performance in 3 months is evident. As of 31 January, 2024, the company achieved an impressive revenue growth rate of 25.68%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.

Net Margin: Target's net margin is impressive, surpassing industry averages. With a net margin of 4.33%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Target's ROE stands out, surpassing industry averages. With an impressive ROE of 10.65%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Target's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.48% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Target's debt-to-equity ratio is below the industry average at 1.44, reflecting a lower dependency on debt financing and a more conservative financial approach.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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