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TGT
Stock ticker:
NYSE
AS OF
Oct 6 closing price
Price
$155.83
Change
-$0.59 (-0.38%)
Capitalization
69.86B

TGT Price Prediction, Target Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

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TGT Trading results, last 6 months
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Oct 06, 2022

TGT's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for TGT turned positive on October 06, 2022. Looking at past instances where TGT's MACD turned positive, the stock continued to rise in 28 of 40 cases over the following month. The odds of a continued upward trend are 70%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TGT's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on October 06, 2022. You may want to consider a long position or call options on TGT as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 339 cases, the price rose further within the following month. The odds of a continued upward trend are .

TGT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

TGT moved below its 50-day moving average on September 20, 2022 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for TGT crossed bearishly below the 50-day moving average on September 23, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.

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 (6.596) is normal, around the industry mean (70.086). P/E Ratio (17.182) is within average values for comparable stocks, (24.446). Projected Growth (PEG Ratio) (3.031) is also within normal values, averaging (2.516). Dividend Yield (0.025) settles around the average of (0.026) among similar stocks. P/S Ratio (0.670) is also within normal values, averaging (1.126).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to good 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TGT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

TGT is expected to report earnings to rise 451.28% to $2.15 per share on November 23

Target Corp TGT Stock Earnings Reports
Q4'22
Est.
$2.15
Q3'22
Missed
by $0.33
Q2'22
Missed
by $0.88
Q1'22
Beat
by $0.34
Q4'21
Beat
by $0.21
The last earnings report on August 17 showed earnings per share of 38 cents, missing the estimate of 71 cents. With 844.79K shares outstanding, the current market capitalization sits at 69.86B.
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A.I.Advisor
published Dividends

TGT paid dividends on September 10, 2022

Target Corp TGT Stock Dividends
А dividend of $1.08 per share was paid with a record date of September 10, 2022, and an ex-dividend date of August 16, 2022. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).

Industry description

Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.

Market Cap

The average market capitalization across the Discount Stores Industry is 53.24B. The market cap for tickers in the group ranges from 2.19M to 361.29B. WMT holds the highest valuation in this group at 361.29B. The lowest valued company is FRED at 2.19M.

High and low price notable news

The average weekly price growth across all stocks in the Discount Stores Industry was 3%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -21%. TUEM experienced the highest price growth at 14%, while BJ experienced the biggest fall at -4%.

Volume

The average weekly volume growth across all stocks in the Discount Stores Industry was -71%. For the same stocks of the Industry, the average monthly volume growth was -72% and the average quarterly volume growth was -74%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 29
Price Growth Rating: 61
SMR Rating: 16
Profit Risk Rating: 58
Seasonality Score: 3 (-100 ... +100)
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TGT
Buy/Sell Ratings
 
 
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published General Information

General Information

a department and discount store

Industry DiscountStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
1000 Nicollet Mall
Phone
+1 612 304-6073
Employees
450000
Web
https://investors.target.com
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TGT and

Correlation & Price change

A.I.dvisor indicates that over the last year, TGT has been closely correlated with COST. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if TGT jumps, then COST could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TGT
1D Price
Change %
TGT100%
-0.37%
COST - TGT
67%
Closely correlated
+0.45%
DG - TGT
63%
Loosely correlated
-0.44%
DLTR - TGT
51%
Loosely correlated
-0.44%
WMT - TGT
50%
Loosely correlated
-0.94%
BIG - TGT
49%
Loosely correlated
-1.63%
More