Target (NYSE: TGT) issued its quarterly earnings data on Wednesday. The company reported $1.65 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.48 by $0.17. The company had revenue of $22.37 billion for the quarter, compared to the consensus estimate of $22.66 billion.
Several analysts have also recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Target in a research note to investors on Tuesday. On the ratings front, analysts at Cowen initiated coverage on shares of Target in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Finally, analysts at Piper Jaffray raised their price target on shares of Target to $74.00 in a research note to investors on Monday.
Thirteen research analysts have rated the stock with a buy rating, two have assigned an overweight rating, and nine have assigned a hold rating to the stock. The stock presently has a consensus rating of “overweight” and an average target price of $69.22.
Shares of Target (TGT) opened at 64.05 on Wednesday. Target (TGT) has a 52 week low of $54.68 and a 52 week high of $65.80. The stock’s 50-day moving average is currently $61.7. The company has a market cap of $41.683 billion and a P/E ratio of 14.20.
Target Corporation (Target) operates in three segments: U.S. Retail, U.S. Credit Card and Canadian. As a component of the U.
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