Company Update: Target Corporation (NYSE:TGT) – SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Target Corporation (TGT) and Lead Plaintiff Deadline: July 18, 2016

[PR Newswire] – NEW YORK, May 19, 2016 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a securities class action has been filed on behalf of those who purchased shares … Read more on this. Target Corp. (TGT) , currently valued at $39.97B, started trading this morning at $68.16. Shares have traded today between $66.79 and $68.71 per share with a one year range of $65.50 to $85.81. TGT shares are currently priced at 13.00x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 4.76x earnings multiple. And for passive income investors, the company pays shareholders $2.24 per share annually in dividends, yielding 3.00%. Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $1.25 per share, which would be $0.03 better than the year-ago quarter and a $0.08 sequential decrease. The full-year EPS estimate is $5.23 which would be a $0.54 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.42 Billion. If reported, that would be a 5.79% decrease over the year-ago quarter. In terms of ratings, Barclays downgraded TGT from Overweight to Underweight (Mar 31, 2016). Previously, Citigroup Initiated TGT at to Buy. The average price target for TGT shares by the analysts covering the stock is $80.36, which is 17.90% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: Stock Update (NYSE:SRE): SHAREHOLDER ALERT- Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Sempra Energy (SRE) and Lead Plaintiff Deadline: May 2, 2016 Market Update (NYSE:BA): SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against The Boeing Company (BA) and Lead Plaintiff Deadline: April 22, 2016 Company Update (NYSE:BA): SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against The Boeing Company (BA) and Lead Plaintiff Deadline: April 22, 2016