Buy, Sell or Hold: Target Corp (TGT-N) — Stock Predictions at Stockchase

NYSE:TGT

155.87

7.40 (4.98%) 1d

Showing 1 to 15 of 81 entries

DON'T BUY

Target reports Wednesday. It's better than, say, Walmart, because they have take two big inventory charges and may still be stuck. Compare that to target which took one giant inventory charge in June. That said, he doesn't like and prefers Costco and Amazon. Retail as a whole has been struggling.

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DON'T BUY

They have built up too much inventory. Data shows that consumers are spending more experiences and less on things. This stock will suffer for a little longer.

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PAST TOP PICK

(A Top Pick Apr 26/22, Down 31%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LMT has gapped down thru our stop at $200. To remain disciplined, we recommend covering the position at this time.

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TOP PICK

CEO didn't anticipate the rise in transportation costs and reported disappointing earnings. Will probably raise prices next quarter and pass the extra cost on to consumers. Solid company with temporary profit issues. Good time to buy, Social media mentions increased 1300% in the past wee

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BUY

He has owned this for a long time. They've done a lot of things right. It's cheap at a forward PE basis.

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BUY

They have a $15 billion share buyback. A value name.

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BUY

Prefers Target over Walmart. Target is trading at 14x. Very cheap earnings next year. Shares should be much higher.

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BUY

Prefers Target over Walmart; trading at 14x. Very cheap earnings next year. Shares should be much higher.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly With post-pandemic consumer spending expected to be on the rise in 2022, we select TGT as a TOP PICK. The company is the 8th largest retailer in the US. Latest earnings beat expectations by 11% and support a robust ROE of 47%. It pays a dividend that has been growing for 51 consecutive years and is backed by a payout ratio under 30% of cash flow. We recommend a stop loss at $200, looking to achieve $279 -- upside potential over 17%. Yield 1.49%

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BUY

He added to this last week. It trades at 15x forward PE, pays a 1.6% dividend, operating leverage is doing well and is trading 18% off its 52-week high. They've seen strength in multi-channel consumer and has done flawless execution during the pandemic.

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BUY

Operating margins continue to grow. Their private label business is up 18%.

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COMMENT

It reports Tuesday. It's slid from $266 to $190, but rallied today by $7. Will Target tell is that business is terrific, or that it's hard to get goods and hard to raise prices? It's a dice roll to guess which.

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PAST TOP PICK

(A Top Pick Jun 21/21, Down 6.5%) He just added shares. Target touched $279 in an explosive run, but has pulled back in recent months. The PE trades around 16-18x, lower than the S&P PE, plus Target's 2021 sales growth is $15 billion is monster growth. Digital sales have been huge for them in recent years. They continue to grow. They execute very well. Stock pullbacks are pauses, just like Apple, before they run up. The PE is too low, so he sees them revisiting and maybe surpassing old highs.

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TOP PICK

Stockchase researcher Allan Tong likes the improving e-commerce presence and strong customer loyalty program. They are growing same day delivery which will further help improve their EPS. Social media mentions are up 113% in the last 24 hours.

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PARTIAL BUY

Allan Tong’s Discover Picks Target, which has stayed out of the limelight boasts a strong customer loyalty program. It also ironed out its e-commerce problems of 2019, boasts a solid balance sheet and announced stellar Q2 results. Comp sales rose 8.9% from Q2-2020, comp stores sales climbed 8.7%, comp digital sales popped 10%, and its adjusted EPS of $3.64 doubled since 2019. Same-day services offered even better numbers: drive-up sales soared 80% YOY in Q2 while order pick-ups jumped 30%. Also YOY in Q2, revenues rose 9.38% and EPS climbed 8.96%. Good past performance, you say, but what about growth? Wall Street projects Target’s EPS to rise at a compound annual growth rate (CAGR) of 9.37%. Read Battle of 2 Retail Stocks: Target vs. Walmart for our full analysis.

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Showing 1 to 15 of 81 entries

Target Corp(TGT-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 11

Stockchase rating for Target Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Target Corp(TGT-N) Frequently Asked Questions

What is Target Corp stock symbol?

Target Corp is a American stock, trading under the symbol TGT-N on the New York Stock Exchange (TGT). It is usually referred to as NYSE:TGT or TGT-N

Is Target Corp a buy or a sell?

In the last year, 11 stock analysts published opinions about TGT-N. 9 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Target Corp.

Is Target Corp a good investment or a top pick?

Target Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Target Corp.

Why is Target Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Target Corp worth watching?

11 stock analysts on Stockchase covered Target Corp In the last year. It is a trending stock that is worth watching.

What is Target Corp stock price?

On 2022-09-28, Target Corp (TGT-N) stock closed at a price of $155.87.

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