Target (NYSE:TGT) Given a $110.00 Price Target by Telsey Advisory Group Analysts

Telsey Advisory Group set a $110.00 target price on Target (NYSE:TGT) in a report issued on Thursday morning, Marketbeat.com reports. The brokerage currently has a market perform rating on the retailer’s stock. Telsey Advisory Group also issued estimates for Target’s Q1 2026 earnings at $1.72 EPS, Q2 2026 earnings at $2.49 EPS, Q2 2026 earnings at $2.22 EPS, Q3 2026 earnings at $1.79 EPS, Q4 2026 earnings at $2.41 EPS, FY2026 earnings at $8.80 EPS, Q1 2027 earnings at $1.94 EPS, Q2 2027 earnings at $2.58 EPS, Q2 2027 earnings at $2.33 EPS, Q3 2027 earnings at $1.94 EPS, Q3 2027 earnings at $2.24 EPS, Q4 2027 earnings at $2.79 EPS, Q4 2027 earnings at $2.61 EPS and FY2027 earnings at $9.55 EPS.

Several other analysts also recently issued reports on the company. DA Davidson lowered their price target on Target from $153.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Roth Capital set a $122.00 target price on Target in a research note on Wednesday, March 5th. JPMorgan Chase & Co. decreased their price target on Target from $140.00 to $105.00 and set a “neutral” rating for the company in a research note on Friday, May 9th. KGI Securities set a $132.00 price target on Target in a research note on Wednesday, March 5th. Finally, Guggenheim lifted their price target on Target from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, twenty-five have given a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $117.97.

Target Price Performance

Shares of TGT opened at $94.30 on Thursday. Target has a twelve month low of $87.35 and a twelve month high of $167.40. The stock’s 50 day moving average is $97.28 and its two-hundred day moving average is $119.97. The firm has a market capitalization of $42.85 billion, a PE ratio of 10.00, a P/E/G ratio of 1.94 and a beta of 1.27. The company has a current ratio of 0.94, a quick ratio of 0.25 and a debt-to-equity ratio of 0.99.

Target (NYSE:TGT) last issued its quarterly earnings data on Wednesday, May 21st. The retailer reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.35). The company had revenue of $24.20 billion for the quarter, compared to analyst estimates of $24.54 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.03 earnings per share. Research analysts anticipate that Target will post 8.69 earnings per share for the current year.

Target Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Wednesday, May 14th will be paid a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend is Wednesday, May 14th. Target’s dividend payout ratio (DPR) is 49.23%.

Institutional Trading of Target

Several hedge funds and other institutional investors have recently bought and sold shares of TGT. Mattson Financial Services LLC raised its position in shares of Target by 49.8% in the 1st quarter. Mattson Financial Services LLC now owns 28,585 shares of the retailer’s stock valued at $2,983,000 after buying an additional 9,501 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Target by 0.7% in the 1st quarter. Acadian Asset Management LLC now owns 135,974 shares of the retailer’s stock valued at $14,183,000 after buying an additional 909 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of Target by 119.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,398 shares of the retailer’s stock valued at $459,000 after buying an additional 2,396 shares in the last quarter. Intech Investment Management LLC raised its position in shares of Target by 38.8% in the 1st quarter. Intech Investment Management LLC now owns 100,917 shares of the retailer’s stock valued at $10,532,000 after buying an additional 28,214 shares in the last quarter. Finally, Focus Partners Wealth raised its position in shares of Target by 0.9% in the 1st quarter. Focus Partners Wealth now owns 95,879 shares of the retailer’s stock valued at $10,006,000 after buying an additional 818 shares in the last quarter. Institutional investors and hedge funds own 79.73% of the company’s stock.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.