Stock Update (NYSE:TGT): SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Class Action Involving Target Corporation and a Lead Plaintiff Deadline of July 18, 2016 – TGT

[GlobeNewswire] – NEW YORK, May 27, 2016– The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the District of Minnesota on behalf of investors who purchased Target Corporation … Read more on this. Target Corp. (TGT) , valued at $40.90B, began trading this morning at $68.98. Today, shares have traded between $68.76 and $69.53 per share and has traded between $65.50 and $85.81 over the past 12 months. Target (TGT) shares are currently priced at 13.38x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 6.48x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $2.24 per share annually in dividends, yielding 3.30%. Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $1.12 per share, which would be $0.10 worse than the year-ago quarter and a $0.24 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.15 would be a $0.46 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $16.17 Billion. If realized, that would be a 7.23% decrease over the year-ago quarter. Recently, Barclays downgraded TGT from Overweight to Underweight (Mar 31, 2016). Previously, Citigroup Initiated TGT at to Buy. Investors should keep in mind is that the average price target is $77.47, which is 12.31% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: 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 Company Update (NASDAQ:ESRX): SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors of Class Action Involving Express Scripts Holding Company and a Lead Plaintiff Deadline of July 5, 2016 Market Update: Sempra Energy (NYSE:SRE) – SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Sempra Energy and a Lead Plaintiff Deadline of May 2, 2016 – SRE