Target Corp. (TGT, $170.29) Wows with Continuous Steady Growth into the Holiday Spending Season
Retail spending looks to be on the rise after a November dip. In particular, Target (TGT) has seen steady growth since March, coupled with holiday spending, sending the projected price up to $177.1 with a likelihood of 73%, having broken its highest resistance line at $157.76. Included in the Top Stock Picks for Week of December 14, 2020 according to Zack’s Investment Research, Target is enjoying a monthly bullish trend, backed by the Aroon indicator, as well as by the 50-day Moving Average. Fundamental Analysis ratings point to a strong uptrend for Target as Christmas shopping ramps up in the middle of December. Target’s correlated theme groups, including “Supermarket”, “Chain”, “Discount Stores”, and “Food Retail” are on the rise with a monthly average of 8.25%. Target stands out especially in the midst of the pandemic, appearing to have anticipated the digital market to edge out in-store brick-and-mortar purchases. Having instituted same-day delivery via local stores, in lieu of distribution centers, Target boosted sales all across the board: same-day delivery services, in-store, and online.
Aroon Indicator for TGT shows an upward move is likely
TGT's Aroon Indicator triggered a bullish signal on May 21, 2025. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 254 similar instances where the Aroon Indicator showed a similar pattern. In of the 254 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 58 cases where TGT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TGT advanced for three days, in of 314 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on TGT as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TGT turned negative on May 30, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
TGT moved below its 50-day moving average on May 28, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
TGT broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.858) is normal, around the industry mean (8.811). P/E Ratio (10.331) is within average values for comparable stocks, (34.070). Projected Growth (PEG Ratio) (2.194) is also within normal values, averaging (2.916). TGT has a moderately high Dividend Yield (0.048) as compared to the industry average of (0.022). P/S Ratio (0.408) is also within normal values, averaging (1.545).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TGT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TGT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 53, placing this stock worse than average.
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a department and discount store
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