WallStreetZen

NYSE: TGT
Target Corp Stock Forecast, Predictions & Price Target

Analyst price target for TGT

Based on 20 analysts offering 12 month price targets for Target Corp.
Min Forecast
$188.00-22.24%
Avg Forecast
$244.00+0.92%
Max Forecast
$305.00+26.15%

Should I buy or sell TGT stock?

Based on 20 analysts offering ratings for Target Corp.
Strong Buy
Strong Buy
12 analysts 60%
Buy
5 analysts 25%
Hold
3 analysts 15%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TGT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Bottom 1%
1
HoldMaintains$260.00+7.54%2021-08-25
Raymond James
Top 6%
95
Strong BuyMaintains$285.00+17.88%2021-08-19
Credit Suisse
Top 44%
57
BuyMaintains$286.00+18.29%2021-08-19
Citigroup
Top 7%
94
Strong BuyMaintains$287.00+18.71%2021-08-19
Telsey Advisory Group
Top 2%
99
BuyMaintains$305.00+26.15%2021-08-13
Deutsche Bank
Top 5%
96
Strong BuyMaintains$305.00+26.15%2021-08-11
Anonymous
KeyBanc
Strong BuyMaintains$280.00+15.81%2021-07-27
UBS
Top 11%
90
Strong BuyUpgrades$265.00+9.61%2021-06-08
MKM Partners
Top 25%
76
HoldMaintains$216.00-10.66%2021-05-25
BMO Capital
Top 16%
85
BuyMaintains$245.00+1.34%2021-05-24

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Forecast return on equity

Is TGT forecast to generate an efficient return?
Company
43.42%
Industry
50.43%
Market
2,556.64%
TGT's Return on Equity is forecast to be high in 3 years (43.42%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TGT forecast to generate an efficient return on assets?
Company
12.56%
Industry
12.53%
Market
1,250.14%
TGT is forecast to generate higher Return on Assets (12.56%) than the US Consumer Defensive industry average (12.53%)
Forecast

TGT earnings per share forecast

What is TGT's earnings per share in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$12.86+1.65%
Avg 2 year Forecast
$12.60-0.39%
Avg 3 year Forecast
$13.22+4.51%
TGT's earnings are forecast to grow at a rate of 0.47% per year, which is not exceptional
Forecast

TGT revenue forecast

What is TGT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$104.5B+4.11%
Avg 2 year Forecast
$106.1B+5.73%
Avg 3 year Forecast
$109.0B+8.62%
TGT's revenue is forecast to grow at a rate of 2.66% per year, which is not exceptional
Forecast

TGT earnings growth forecast

How is TGT forecast to perform vs Consumer Defensive companies and vs the US market?
Company
0.47%
Industry
12.41%
Market
18.71%
TGT's earnings are forecast to grow slower (0.47% per year) than the US Consumer Defensive industry average (12.41%)
Forecast
TGT's earnings are forecast to grow slower (0.47% per year) than the US market average (18.71%)
Forecast
TGT's earnings are forecast to grow slower (0.47% per year) than the risk-free savings rate (1.3%)
Forecast

TGT revenue growth forecast

How is TGT forecast to perform vs Consumer Defensive companies and vs the US market?
Company
2.66%
Industry
4.5%
Market
12.32%
TGT's revenues are forecast to grow slower (2.66% per year) than the US Consumer Defensive industry average (4.5%)
Forecast
TGT's revenues are forecast to grow slower (2.66% per year) than the US market average (12.32%)
Forecast

Target Corp Stock Forecast FAQ

Is Target Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 20 Wall Street analysts covering (NYSE: TGT) stock is to Strong Buy TGT stock.

Out of 20 analysts, 12 (60%) are recommending TGT as a Strong Buy, 5 (25%) are recommending TGT as a Buy, 3 (15%) are recommending TGT as a Hold, 0 (0%) are recommending TGT as a Sell, and 0 (0%) are recommending TGT as a Strong Sell.

What is TGT's earnings growth forecast for 2022-2024?

(NYSE: TGT) Target Corp's forecast annual earnings growth rate of 0.47% is not forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 12.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Target Corp's earnings in 2021 is $6,308,000,000.On average, 12 Wall Street analysts forecast TGT's earnings for 2022 to be $6,275,791,790, with the lowest TGT earnings forecast at $5,856,468,636, and the highest TGT earnings forecast at $6,515,321,358. On average, 12 Wall Street analysts forecast TGT's earnings for 2023 to be $6,149,682,499, with the lowest TGT earnings forecast at $4,880,390,530, and the highest TGT earnings forecast at $6,490,919,405.

In 2024, TGT is forecast to generate $6,451,876,281 in earnings, with the lowest earnings forecast at $5,641,731,453 and the highest earnings forecast at $7,076,566,269.

What is TGT's revenue growth forecast for 2022-2024?

(NYSE: TGT) Target Corp's forecast annual revenue growth rate of 2.66% is not forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 4.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Target Corp's revenue in 2021 is $100,328,000,000.On average, 8 Wall Street analysts forecast TGT's revenue for 2022 to be $50,976,408,704,234, with the lowest TGT revenue forecast at $50,867,920,062,948, and the highest TGT revenue forecast at $51,181,631,566,216. On average, 8 Wall Street analysts forecast TGT's revenue for 2023 to be $51,771,698,599,519, with the lowest TGT revenue forecast at $50,854,987,028,043, and the highest TGT revenue forecast at $52,819,490,628,084.

In 2024, TGT is forecast to generate $53,186,248,560,140 in revenue, with the lowest revenue forecast at $51,783,383,718,565 and the highest revenue forecast at $54,030,012,934,364.

What is TGT's forecast return on assets (ROA) for 2022-2024?

(NYSE: TGT) forecast ROA is 12.56%, which is higher than the forecast US Consumer Defensive industry average of 12.53%.

What is TGT's Price Target?

According to 20 Wall Street analysts that have issued a 1 year TGT price target, the average TGT price target is $244.00, with the highest TGT stock price forecast at $305.00 and the lowest TGT stock price forecast at $188.00.

On average, Wall Street analysts predict that Target Corp's share price could stay at $244.00 by Aug 25, 2022. The average Target Corp stock price prediction forecasts a potential downside of N/A from the current TGT share price of $241.77.

What is TGT's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TGT) Target Corp's current Earnings Per Share (EPS) is $12.65. On average, analysts forecast that TGT's EPS will be $12.86 for 2022, with the lowest EPS forecast at $12.00, and the highest EPS forecast at $13.35. On average, analysts forecast that TGT's EPS will be $12.60 for 2023, with the lowest EPS forecast at $10.00, and the highest EPS forecast at $13.30. In 2024, TGT's EPS is forecast to hit $13.22 (min: $11.56, max: $14.50).

What is TGT's forecast return on equity (ROE) for 2022-2024?

(NYSE: TGT) forecast ROE is 43.42%, which is considered strong.
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