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

[GlobeNewswire] – NEW YORK, June 15, 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) , currently valued at $39.60B, opened at $66.98. Looking at the stock, its one day range is $66.89 to $67.85 and has traded between $65.50 and $85.81 over the past 12 months. Target (TGT) shares are currently priced at 12.98x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 10.44x earnings multiple for the same period. And for passive income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 3.54%. 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 $0.25 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $5.14, which would be a $0.45 better when compared to the last 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 $76.92, which is 14.84% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: Market Update (NYSE:TGT): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Target Corporation of Class Action Lawsuit and a Lead Plaintiff Deadline of July 18, 2016 – TGT 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 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