Target (NYSE:TGT) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $5.15-5.45 for the period, compared to the Thomson Reuters consensus estimate of $4.36. Target also updated its Q4 guidance to $1.30-1.40 EPS.

A number of equities research analysts recently commented on the company. Telsey Advisory Group increased their price target on Target from $58.00 to $65.00 and gave the stock an outperform rating in a research report on Wednesday, January 3rd. Robert W. Baird restated a hold rating and set a $70.00 price target on shares of Target in a research report on Wednesday, January 3rd. Barclays upgraded Target from an underweight rating to an equal weight rating and increased their price target for the stock from $45.00 to $70.00 in a research report on Friday. Vetr lowered Target from a buy rating to a hold rating and set a $66.59 price target on the stock. in a research report on Monday, December 18th. Finally, MKM Partners set a $77.00 price target on Target and gave the stock a buy rating in a research report on Thursday, December 14th. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and six have given a buy rating to the stock. Target has an average rating of Hold and a consensus target price of $63.81.

Target (NYSE:TGT) opened at $67.18 on Tuesday. Target has a 1-year low of $48.56 and a 1-year high of $72.08. The company has a current ratio of 0.96, a quick ratio of 0.27 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $36,520.00, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 8.18 and a beta of 0.63.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 15th. The retailer reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.05. Target had a return on equity of 24.09% and a net margin of 3.80%. The firm had revenue of $16.67 billion for the quarter, compared to the consensus estimate of $16.61 billion. During the same quarter in the prior year, the business earned $1.04 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. equities analysts expect that Target will post 4.57 earnings per share for the current year.

In other news, Director Roxanne S. Austin sold 4,705 shares of the stock in a transaction on Friday, December 15th. The stock was sold at an average price of $62.61, for a total value of $294,580.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

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Target Company Profile

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

Earnings History and Estimates for Target (NYSE:TGT)

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