Where will target stock be in 5 years?
Target stock price stood at $166.58
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 183.43 | 11.51% |
| 2026 | $ 204.55 | 24.35% |
| 2027 | $ 228.10 | 38.67% |
| 2028 | $ 254.36 | 54.63% |
TGT Stock 12 Month Forecast
Based on 30 Wall Street analysts offering 12 month price targets for Target in the last 3 months. The average price target is $183.62 with a high forecast of $210.00 and a low forecast of $153.00. The average price target represents a 3.62% change from the last price of $177.21.
TGT is a #2 (Buy) on the Zacks Rank, with a VGM Score of A. Additionally, the company could be a top pick for growth investors. TGT has a Growth Style Score of A, forecasting year-over-year earnings growth of 5% for the current fiscal year.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
Based on short-term price targets offered by 28 analysts, the average price target for Target comes to $183.61. The forecasts range from a low of $134.00 to a high of $220.00. The average price target represents an increase of 11.27% from the last closing price of $165.01.
Target Stock Price Forecast 2024-2025
Today, Target traded at $171.63, so the price increased by 21% from the beginning of the year. The forecasted Target price at the end of 2024 is $222 - and the year to year change +56%. The rise from today to year-end: +29%.
Is Target stock a Buy, Sell or Hold? Target stock has received a consensus rating of buy. The average rating score is and is based on 60 buy ratings, 35 hold ratings, and 1 sell ratings.
Largest shareholders include Vanguard Group Inc, State Street Corp, BlackRock Inc., Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Massachusetts Financial Services Co /ma/, Franklin Resources Inc, Wells Fargo & Company/mn, and ...
Over the last 10 years, Target has increased its dividend by 150%, making it a fantastic recession proof stock to add to your investment portfolio.
Is it smart to invest in Target?
TGT also holds an average earnings surprise of 30.8%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding TGT to their portfolios. To read this article on Zacks.com click here.
The retailer is forecasting modest sales gains in 2024 after a brutal 2023 year. It has been over a year, but growth finally appears to be back at Target (TGT -3.04%).
Stocks are considered long-term investments. This is, in part, because it's not unusual for stocks to drop 10% to 20% or more in value over a shorter period of time. Investors have the opportunity to ride out some of these highs and lows over a period of many years or even decades to generate a better long-term return.
Wayfair Inc. (NYSE:W), Match Group, Inc. (NASDAQ:MTCH), and Palantir Technologies Inc. (NYSE:PLTR) are some of the stocks that will double in 2024, besides StoneCo Ltd.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 2. | Motherson Wiring | 70.14 |
| 3. | I R C T C | 1011.80 |
| 4. | Lloyds Metals | 718.25 |
| 5. | Hindustan Zinc | 409.10 |
- DaVita Inc. ( ticker: DVA)
- DraftKings Inc. ( DKNG)
- Extra Space Storage Inc. ( EXR)
- First Solar Inc. ( FSLR)
- Gen Digital Inc. ( GEN)
- Microsoft Corp. ( MSFT)
- Nvidia Corp. ( NVDA)
- SoFi Technologies Inc. ( SOFI)
Stock to Watch: Target (TGT)
TGT is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
As of 2024-04-18, the Fair Value of Target Corp (TGT) is 166.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 164.47 USD, the upside of Target Corp is 1.1%.
The Stock Has Reached Your Target Price
While a set price may be difficult for even the most experienced investors, having a price range in mind gives you a solid enough target. Once you've reached that point, consider selling it and enjoying the gains.
- High-yield savings accounts.
- Certificates of deposit (CDs)
- Bonds.
- Money market funds.
- Mutual funds.
- Index Funds.
- Exchange-traded funds.
- Stocks.
What will Costco stock be in 2025?
| Year | Mid-Year | Tod/End,% |
|---|---|---|
| 2024 | $732 | +16% |
| 2025 | $985 | +37% |
| 2026 | $1,056 | +51% |
| 2027 | $1,166 | +67% |
Amazon Stock Prediction 2025
The Amazon stock prediction for 2025 is currently $ 235.48, assuming that Amazon shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 28.45% increase in the AMZN stock price.
If you see any giant stock of any good company in a 10 years frame, you will see it has generated good returns in the long term. Though there is no ideal time for holding stock, you should stay invested for at least 1-1.5 years.
Fair Value Estimate for Target
With its 2-star rating, we believe Target's stock is overvalued compared with our long-term fair value estimate of $132. Our estimate accounts for a more gradual recovery in the firm's operating margin and a more subdued midcycle margin forecast of 6.5%, down from 7.0%.
Target's parent company, Dayton Hudson Corp., purchased legendary Chicago-based department store Marshall Field's, making Dayton Hudson the largest department store chain in the Midwest.
