Expert Ratings For Target

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22 analysts have expressed a variety of opinions on Target TGT over the past quarter, offering a diverse set of opinions from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 6 13 0 0
Last 30D 0 0 1 0 0
1M Ago 2 5 10 0 0
2M Ago 0 0 2 0 0
3M Ago 1 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $150.59, along with a high estimate of $195.00 and a low estimate of $108.00. This current average represents a 13.66% decrease from the previous average price target of $174.42.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

The standing of Target among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Astrachan Stifel Raises Hold $145.00 $137.00
Kahori Tamada Daiwa Capital Announces Neutral $130.00 -
Rupesh Parikh Oppenheimer Maintains Outperform $165.00 $165.00
Mark Astrachan Stifel Lowers Hold $137.00 $165.00
Robert Drbul Guggenheim Lowers Buy $145.00 $180.00
Oliver Chen TD Cowen Lowers Hold $145.00 $165.00
Greg Melich Evercore ISI Group Lowers In-Line $130.00 $165.00
Robert Ohmes B of A Securities Lowers Buy $160.00 $195.00
Kelly Bania BMO Capital Lowers Market Perform $120.00 $160.00
Christopher Horvers JP Morgan Lowers Neutral $139.00 $167.00
Peter Keith Piper Sandler Lowers Neutral $130.00 $156.00
Bill Kirk Roth MKM Lowers Neutral $131.00 $157.00
Joseph Feldman Telsey Advisory Group Lowers Outperform $150.00 $195.00
Edward Kelly Wells Fargo Lowers Overweight $150.00 $180.00
Paul Trussell Deutsche Bank Lowers Hold $108.00 $184.00
Joseph Feldman Telsey Advisory Group Maintains Outperform $195.00 $195.00
Paul Lejuez Citigroup Lowers Neutral $130.00 $188.00
Joseph Feldman Telsey Advisory Group Maintains Outperform $195.00 $195.00
Greg Melich Evercore ISI Group Lowers In-Line $165.00 $170.00
Dean Rosenblum Bernstein Announces Market Perform $168.00 -
Karen Short Melius Research Announces Buy $180.00 -
Joseph Feldman Telsey Advisory Group Maintains Outperform $195.00 $195.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Target. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Target's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Target analyst ratings.

Discovering Target: A Closer Look

Target serves as the nation's seventh-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 leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target: Financial Performance Dissected

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Target's remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 1.06%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Target's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 3.33%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Target's ROE excels beyond industry benchmarks, reaching 5.91%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Target's ROA stands out, surpassing industry averages. With an impressive ROA of 1.49%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Target's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.34.

Analyst Ratings: What Are They?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

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