Target Corporation (TGT) Trades at $76.79 Forming Bullish Double Top Chart Pattern

June 29, 2018 - By Stephany Jackson

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.

TGT reached $76.79 during the last trading session after $1.19 change.Currently Target Corporation is uptrending after 31.38% change in last June 29, 2017. TGT has 1.24M shares volume. TGT outperformed the S&P 500 by 18.81%.

Target Corporation (NYSE:TGT)’s quarterly earnings will be published on August, 15., Zacks reports. Analysts forecast $1.39 EPS. That’s $0.16 up or 13.01 % from 2017’s earnings of $1.23. This could hit $741.05 million profit for TGT assuming the current $1.39 EPS will become reality. 5.30 % EPS growth is what analysts predict. $1.32 EPS was published for last quarter.

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 PT, Target has $77.82 average PT 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. The company rating was maintained by Bank of America on Tuesday, January 9. On Wednesday, January 10 the firm earned “Positive” rating by Susquehanna. On Wednesday, February 14 the firm has “Outperform” rating given by Robert W. Baird. In Tuesday, January 9 report Robert W. Baird maintained the stock with “Hold” rating. On Monday, March 5 the rating was maintained by Susquehanna with “Buy”. The company rating was maintained by Susquehanna on Friday, February 16. In Tuesday, January 9 report Stifel Nicolaus maintained it with “Hold” rating and $75.0 target. On Thursday, February 8 the rating was maintained by Cowen & Co with “Hold”. On Monday, March 5 Credit Suisse initiated Target Corporation (NYSE:TGT) with “Buy” rating. On Monday, June 4 Robert W. Baird maintained Target Corporation (NYSE:TGT) with “Buy” rating.

For more Target Corporation (NYSE:TGT) news published recently go to: Seekingalpha.com, Streetinsider.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Target: Don’t Say I Didn’t Warn You” published on June 27, 2018, “BofA/Merrill Lynch Has Higher Level of Confidence in Target (TGT) Following Meetings” on June 27, 2018, “At What Point Do I Sell Target?” with a publish date: June 14, 2018, “Target continues to break out” and the last “Expected Dividend Increases In July 2018” with publication date: June 29, 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.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: