Target Corporation (TGT) Is Forming Double Top Pattern at $76.79

June 29, 2018 - By Rachel Eickhoff

Target Corporation (NYSE:TGT) Corporate Logo

Target Corporation (TGT) chart forms a double top technical setup with $82.93 price target. That’s 8.00 % above today’s $76.79 stock price. The technical setup points out low risk. The double top technical setup was posted on Jun, 29 by Finviz.com. $3.28B more could be TGT valuation at $82.93 share price.

The stock increased 1.57% or $1.19 during the last trading session, hitting $76.79.Currently Target Corporation is uptrending after 31.38% change in last June 29, 2017. TGT has 1.24 million shares volume. TGT outperformed by 18.81% the S&P 500.

Earnings report for Target Corporation (NYSE:TGT) is anticipated on August, 15., according to Zacks. earnings per share of $1.39 is 13.01 % up from 2017’s $1.23 EPS. In case of $1.39 earnings per share TGT’s profit could reach $741.05 million. After $1.32 earnings per share was reported last quarter, analysts now see EPS growth of 5.30 % for Target Corporation.

Target Corporation (NYSE:TGT) Ratings Coverage

In total 13 analysts cover Target (NYSE:TGT). “Buy” rating has 6, “Sell” are 1, while 6 are “Hold”. (NYSE:TGT) has 46% bullish analysts. With $95.0 highest and $64.0 lowest target, Target has $77.82 average target or 1.34% above the current ($76.79) price. 20 are the (NYSE:TGT)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Monday, April 2 the firm has “Buy” rating by Tigress Financial given. On Monday, February 26 the firm has “Buy” rating given by Credit Suisse. On Tuesday, January 9 the stock has “Hold” rating by Stifel Nicolaus. On Monday, June 4 the stock of Target Corporation (NYSE:TGT) earned “Buy” rating by Robert W. Baird. On Friday, January 5 the rating was upgraded by Barclays Capital to “Hold”. On Tuesday, June 5 the stock has “Buy” rating by M Partners. On Tuesday, January 9 BMO Capital Markets maintained Target Corporation (NYSE:TGT) with “Hold” rating. On Monday, March 5 the company was initiated by Credit Suisse. On Tuesday, January 9 the firm has “Hold” rating by Jefferies given. On Tuesday, January 2 the rating was maintained by Robert W. Baird with “Hold”.

For more Target Corporation (NYSE:TGT) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “Target: Don’t Say I Didn’t Warn You” published on June 27, 2018, “At What Point Do I Sell Target?” on June 14, 2018, “McKesson: Market Overreaction” with a publish date: June 29, 2018, “Expected Dividend Increases In July 2018” and the last “Target (TGT) July 76 puts active on Amazon (AMZN) has agreed to acquire PillPack” with publication date: June 28, 2018.

Target Corporation (NYSE:TGT) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.