price targets now, and per year the last 5 years
8/3/2024 02:54am
**Target Corporation's Price Target Analysis**:
1. **Current Price Target**: The average price target for Target (TGT) over the next 12 months is $176.76, with a high forecast of $209.00 and a low forecast of $116.00. This represents a potential upside of 16.83% from the last price of $151.30.
2. **Historical Price Targets**:
- **Last 5 Years**:
- For the fiscal year ending in 2025, the median price target is $176.60, with a high of $200.00 and a low of $116.00.
- Over the past five years (2019-2023), Target's annual revenue growth rate has been approximately 11.70%.
3. **Analyst Ratings and Performance**:
- **Recent Ratings**: In the past 3 months, 16 analysts have given a "Buy" rating, 11 have given a "Hold" rating, and 1 has given a "Sell" rating.
- **Historical Performance**: Target's stock has shown a moderate buy sentiment with a 73% success rate and an average return of 6.13% over the last 3 months.
4. **Market and Economic Context**:
- **Industry Trends**: Target operates in a competitive retail sector that is influenced by e-commerce trends and consumer spending patterns.
- **Economic Factors**: The Federal Reserve's interest rate policies and broader economic indicators such as inflation rates will impact Target's financial performance.
**Conclusion**: The current analyst price targets for Target suggest a positive outlook for the stock over the next year, with potential for growth based on revenue and earnings forecasts. However, investors should consider the limitations of analyst forecasts and incorporate their own research and market analysis for informed investment decisions.