Market Update (NYSE:TGT): Breaking Games’ The Game of 49 Available at Target Stores This Summer

[Marketwired] – Breaking Games, an award-winning game publisher and manufacturer, announced that Target Corporation , one of the largest retailers in the nation, will carry its game, The Game of 49, starting June 18, … Read more on this. Target Corp. (TGT) , with a current value of $39.30B, finished at $66.89. During today’s session, TGT traded between $66.60 to $66.91 with a one year range of $65.50 to $85.81. TGT shares are currently priced at 13.01x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.44x earnings multiple. The company pays shareholders $2.40 per share annually in dividends, yielding 3.54%. In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $1.12 per share, which would be $0.10 worse than the year-ago quarter and a $0.25 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.14 would be a $0.45 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.17 Billion. If reported, that would be a 7.23% decrease over the year-ago quarter. More recently, Barclays downgraded TGT from Overweight to Underweight (Mar 31, 2016). Previously, Citigroup Initiated TGT at to Buy. Given all the information above, we should disclose to readers that the average price target is $76.92, which is 14.99% above than it opened this morning. See more in (NYSE:TGT) Similar Articles: Market Update: Target Corporation (NYSE:TGT) – Target Names Mark Tritton Executive Vice President and Chief Merchandising Officer Stock Update (NYSE:TGT): CVS Health Introduces First CVS Pharmacy Locations within Target Stores Stock Update: Target Corporation (NYSE:TGT) – CVS Health and Target Announce Completed Acquisition of Target’s Pharmacy and Clinic Businesses