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Market Update (NYSE:TGT): Target Corporation Names Stephanie Lundquist Chief Human Resources Officer

[Business Wire] – Today Target Corporation announced the promotion of Stephanie Lundquist to executive vice president, chief human resources officer. Lundquist will be responsible for driving the enterprise-wide human resources strategy for Target’s 347,000 team members globally. Read more on this. Target Corp. (TGT) , currently valued at $42.75B, opened this morning at $68.03. Looking at the equity, the company’s one day range is $67.43 to $69.48 with its 52-week range being $66.46 to $85.81. TGT shares are currently priced at 14.42x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 12.76x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.24 per share annually in dividends, yielding 3.22%. Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $1.54 per share, which would be $0.04 better than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $4.72, which would be a $0.45 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $21.87 Billion. If reported, that would be a 0.55% increase over the year-ago quarter. In terms of ratings, Citigroup Initiated TGT at Buy (Nov 9, 2015). Previously, Macquarie Initiated TGT at to Outperform. The average price target for TGT shares by the analysts covering the stock is $82.40, which is 21.12% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: Company Update: Lowes Companies Inc (NYSE:LOW) – Lowe’s Appoints Jennifer L. Weber As Chief Human Resources Officer Company Update (NYSE:JCI): Johnson Controls appoints Simon Davis vice president, chief human resources officer Market Update: Target Corporation (NYSE:TGT) – Target, developing healthier habits, hands workers Fitbits
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