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

[Business Wire] – 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 securities between February 27, 2013 and May 19, 2014. Read more on this. Target Corp. (TGT) , currently valued at $40.25B, opened this morning at $68.11. During today’s session, TGT traded between $68.07 to $68.89 with a one year range of $65.50 to $85.81. TGT shares are currently priced at 13.13x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.53x earnings multiple for the same period. And for passive income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 3.56%. 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. The full-year EPS estimate is $5.14, which would be a $0.45 better than last year. 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. 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 is $76.92, which is 12.93% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: 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 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