Target Corporation (NYSE:TGT) is expected to pay $0.60 on Dec 10, 2016. The indicated annual dividend is $2.40. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Target Corporation’s current price of $71.35, the dividend is 0.84%. This dividend’s record date is Nov 16, 2016 and the announcement date is Sep 21, 2016. The stock increased 1.15% or $0.81 on November 11, hitting $71.35. About 5.33 million shares traded hands or 27.21% up from the average. Target Corporation (NYSE:TGT) has declined 11.67% since April 12, 2016 and is downtrending. It has underperformed by 16.66% the S&P500.
Target Corporation offers everyday essentials and merchandise to its customers. The company has a market cap of $41.49 billion. The Firm sells a range of general merchandise and food through its store and digital channels. It has a 13.86 P/E ratio. The Company’s general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.
Target Corporation (NYSE:TGT) Ratings Coverage
Out of 17 analysts covering Target Corporation (NYSE:TGT), 5 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 29% are positive. Target Corporation has been the topic of 40 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Target Corporation (NYSE:TGT) earned “Neutral” rating by Credit Suisse on Friday, September 16. The firm has “Neutral” rating by M Partners given on Thursday, August 20. The company was maintained on Thursday, February 25 by Cowen & Co. The rating was maintained by Piper Jaffray on Thursday, February 4 with “Overweight”. Deutsche Bank maintained the stock with “Hold” rating in Sunday, September 6 report. The firm has “Outperform” rating given on Thursday, August 18 by Telsey Advisory Group. JP Morgan maintained Target Corporation (NYSE:TGT) on Thursday, May 19 with “Neutral” rating. As per Thursday, August 18, the company rating was maintained by Citigroup. Vetr upgraded Target Corporation (NYSE:TGT) rating on Tuesday, September 8. Vetr has “Strong-Buy” rating and $86.04 price target. Morgan Stanley maintained it with “Underweight” rating and $74 target price in Saturday, August 22 report.
More news for Target Corporation (NYSE:TGT) were recently published by: Nasdaq.com, which released: “Target Corporation (TGT) Ex-Dividend Date Scheduled for November 14, 2016” on November 11, 2016. Seekingalpha.com‘s article titled: “Dividend Aristocrats In Focus – Part 18: Target Corporation” and published on October 29, 2016 is yet another important article.
TGT Company Profile
Target Corporation, incorporated on February 11, 1902, offers everyday essentials and merchandise to its customers. The Firm sells a range of general merchandise and food through its store and digital channels. The Company’s general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. The Company’s digital channels include a range of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold only online. The Company’s brands include Archer Farms, Market Pantry, Threshold, Simply Balanced, Merona, up & up, Boots & Barkley, Room Essentials, Wine Cube, Circo, Smith & Hawken, Xhilaration, Embark, Ava & Viv, Spritz and Sonia Kashuk.
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