Target Stock Rating Reaffirmed by Piper Jaffray (TGT)

Share on StockTwits

Piper Jaffray reiterated their overweight rating on shares of Target (NYSE: TGT) in a research report released on Wednesday morning, AnalystRatingsNetwork reports. Piper Jaffray currently has a $80.00 price objective on the stock.

A number of other firms have also recently commented on TGT. Analysts at TheStreet reiterated a buy rating on shares of Target in a research note to investors on Wednesday, June 5th. Separately, analysts at Jefferies Group reiterated a hold rating on shares of Target in a research note to investors on Tuesday, June 4th. They now have a $64.00 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an overweight rating on shares of Target in a research note to investors on Monday, June 3rd. They now have a $74.00 price target on the stock.

Eight equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Target presently has a consensus rating of Buy and an average price target of $73.94.

Shares of Target (NYSE: TGT) opened at 69.59 on Wednesday. Target has a one year low of $56.70 and a one year high of $72.77. The stock’s 50-day moving average is currently $70.. The company has a market cap of $44.656 billion and a P/E ratio of 16.35.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 10th. Investors of record on Wednesday, August 21st will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend is Monday, August 19th. This is an increase from Target’s previous quarterly dividend of $0.36.

Target Corporation (NYSE: TGT) operates in three segments: U.

Latest News

Revenue Drops at Proctor & Gamble on Strong Dollar
Revenue Drops at Proctor & Gamble on Strong Dollar
Mattel CEO Resigns As Struggles at Toymaker Continue
Mattel CEO Resigns As Struggles at Toymaker Continue
Apple iPhone is More Popular in Some States than in Others
Apple iPhone is More Popular in Some States than in Others
Box Surges in Wall Street Debut
Box Surges in Wall Street Debut
General Electric Profit Beats Estimates
General Electric Profit Beats Estimates
EBay to Cut Jobs and Off Load Business Unit
EBay to Cut Jobs and Off Load Business Unit


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.