WallStreetZen

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

Analyst price target for TGT

Based on 18 analysts offering 12 month price targets for Target Corp.
Min Forecast
$188.00-18.69%
Avg Forecast
$228.44-1.2%
Max Forecast
$265.00+14.61%

Should I buy or sell TGT stock?

Strong Buy
Strong Buy
10 analysts 55.56%
Buy
5 analysts 27.78%
Hold
3 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TGT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Michael Lasser
UBS
Strong BuyUpgrades$265.00+14.61%2021-06-08
Paul Trussell
Deutsche Bank
Strong BuyMaintains$258.00+11.58%2021-05-20
Karen Short
Barclays
Strong BuyMaintains$260.00+12.45%2021-05-20
Bobby Griffin
Raymond James
Strong BuyMaintains$252.00+8.99%2021-05-20
Christopher Horvers
JP Morgan
Strong BuyMaintains$233.00+0.77%2021-05-13
Robert Drbul
Guggenheim
Strong BuyUpgrades$200.00-13.50%2021-03-08
Michael Baker
DA Davidson
Strong BuyMaintains$210.00-9.18%2021-03-03
Mark Astrachan
Stifel Nicolaus
Strong BuyMaintains$220.00-4.85%2021-03-03
Chris Graja
Argus Research
Strong BuyUpgrades$205.00-11.34%2020-11-24
Matthew McClintock
Raymond James
Strong BuyMaintains$200.00-13.50%2020-11-19

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Forecast return on equity

Is TGT forecast to generate an efficient return?
Company
42.33%
Industry
40.48%
Market
61.45%
TGT's Return on Equity is forecast to be high in 3 years (42.33%); 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
12.55%
Industry
9.64%
Market
19.05%
TGT is forecast to generate higher Return on Assets (12.55%) than the US Consumer Defensive industry average (9.64%)
Forecast

TGT earnings per share forecast

What is TGT's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$11.82-4.25%
Avg 2 year Forecast
$11.88-3.81%
Avg 3 year Forecast
$12.70+2.83%
TGT's earnings are forecast to grow at a rate of 0.02% 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
$102.1B+4.04%
Avg 2 year Forecast
$102.9B+4.87%
Avg 3 year Forecast
$103.8B+5.72%
TGT's revenue is forecast to grow at a rate of 1.87% 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
0.02%
Industry
12.32%
Market
19.61%
TGT's earnings are forecast to grow slower (0.02% per year) than the US Consumer Defensive industry average (12.32%)
Forecast
TGT's earnings are forecast to grow slower (0.02% per year) than the US market average (19.61%)
Forecast
TGT's earnings are forecast to grow slower (0.02% per year) than the risk-free savings rate (1.5%)
Forecast

TGT revenue growth forecast

How is TGT forecast to perform vs Consumer Defensive companies and vs the US market?
Company
1.87%
Industry
5.08%
Market
14.6%
TGT's revenues are forecast to grow slower (1.87% per year) than the US Consumer Defensive industry average (5.08%)
Forecast
TGT's revenues are forecast to grow slower (1.87% per year) than the US market average (14.6%)
Forecast

Target Corp Stock Forecast FAQ

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

The consensus among 18 Wall Street analysts covering (NYSE: TGT) stock is to Strong Buy TGT stock.

Out of 18 analysts, 10 (55.56%) are recommending TGT as a Strong Buy, 5 (27.78%) are recommending TGT as a Buy, 3 (16.67%) 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 0.02% is not forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 12.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.61%.

Target Corp's earnings in 2021 is $6,181,000,000.On average, 13 Wall Street analysts forecast TGT's earnings for 2022 to be $5,895,936,882, with the lowest TGT earnings forecast at $4,238,237,530, and the highest TGT earnings forecast at $6,467,051,855. On average, 12 Wall Street analysts forecast TGT's earnings for 2023 to be $5,923,560,218, with the lowest TGT earnings forecast at $4,736,853,710, and the highest TGT earnings forecast at $6,646,553,679.

In 2024, TGT is forecast to generate $6,332,425,486 in earnings, with the lowest earnings forecast at $5,783,947,688 and the highest earnings forecast at $7,055,418,947.

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

(NYSE: TGT) Target Corp's forecast annual revenue growth rate of 1.87% is not forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 5.08%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.6%.

Target Corp's revenue in 2021 is $98,143,000,000.On average, 8 Wall Street analysts forecast TGT's revenue for 2022 to be $50,911,289,823,651, with the lowest TGT revenue forecast at $50,179,635,399,604, and the highest TGT revenue forecast at $51,910,780,914,946. On average, 8 Wall Street analysts forecast TGT's revenue for 2023 to be $51,320,484,177,929, with the lowest TGT revenue forecast at $47,388,501,691,847, and the highest TGT revenue forecast at $53,391,321,938,220.

In 2024, TGT is forecast to generate $51,735,834,946,183 in revenue, with the lowest revenue forecast at $48,266,046,224,000 and the highest revenue forecast at $53,641,028,921,164.

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

(NYSE: TGT) forecast ROA is 12.55%, which is higher than the forecast US Consumer Defensive industry average of 9.64%.

What is TGT's Price Target?

According to 18 Wall Street analysts that have issued a 1 year TGT price target, the average TGT price target is $228.44, with the highest TGT stock price forecast at $265.00 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 $228.44 by Jun 8, 2022. The average Target Corp stock price prediction forecasts a potential downside of N/A from the current TGT share price of $231.22.

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

(NYSE: TGT) Target Corp's current Earnings Per Share (EPS) is $12.35. On average, analysts forecast that TGT's EPS will be $11.82 for 2022, with the lowest EPS forecast at $8.50, and the highest EPS forecast at $12.97. On average, analysts forecast that TGT's EPS will be $11.88 for 2023, with the lowest EPS forecast at $9.50, and the highest EPS forecast at $13.33. In 2024, TGT's EPS is forecast to hit $12.70 (min: $11.60, max: $14.15).

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

(NYSE: TGT) forecast ROE is 42.33%, which is considered strong.
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