Target Corporation s in-depth stock price analysis indicates that the stock price has dropped -13.73% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -6.57% . Looking at the past 52 week period, the stock price is down -6.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Target Corporation has a negative value of -12.21 compared to overall market performance. Stocks of Target Corporation (NYSE:TGT) rallied by 3.11% during the past week but lost 6.35% on a 4-week basis. The company has outperformed the S&P 500 by 2.27% in the past week but underperformed the index by 8.03% in the last 4 weeks.
Target Corporation (NYSE:TGT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.68 points or 1.02% at $65.73 with 5,520,829 shares getting traded. Post opening the session at $66.51, the shares hit an intraday low of $65.22 and an intraday high of $66.96 and the price was in this range throughout the day. The company has a market cap of $36,920 million and the number of outstanding shares has been calculated to be 561,695,460 shares. The 52-week high of Target Corporation (NYSE:TGT) is $84.14 and the 52-week low is $62.935.
Target Corporation Last issued its quarterly earnings results on Nov 16, 2016. The company reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.83. The company had revenue of $16441.00 million for the quarter, compared to analysts expectations of $16303.40 million. The companys revenue was down -6.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.86 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Target Corporation was Initiated by Susquehanna on Feb 10, 2017 to Neutral, Price Target of the shares are set at $70.Target Corporation was Initiated by Bernstein on Feb 7, 2017 to Outperform, Price Target of the shares are set at $77.Target Corporation was Resumed by Stifel on Jan 20, 2017 to Hold, Price Target of the shares are set at $72.Target Corporation was Downgraded by Goldman to Sell on Jan 19, 2017. Target Corporation was Reiterated by Telsey Advisory Group on Jan 18, 2017 to Outperform, Lowers Price Target to $ 78 from a previous price target of $84 .
Company has reported several Insider transactions to the SEC, on Dec 6, 2016, Roxanne S Austin (director) sold 3,957 shares at 77.87 per share price.On Nov 21, 2016, Anne M Mulcahy (director) sold 3,957 shares at 75.45 per share price.On May 23, 2016, Calvin Darden (director) sold 37,105 shares at 67.02 per share price.
Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business, Target.com. Although Target.com is small relative to their overall size, its sales are growing at a much more rapid pace than their in-store sales, and it provides important benefits to their stores and credit card operations.