Stock Update: Target Corporation (NYSE:TGT) – StrikeForce Partners with Target to Offer Its Patented Keystroke Encryption Software to Consumers

[GlobeNewswire] – EDISON, N.J., June 27, 2016– StrikeForce Technologies, Inc. announced today that it has partnered with Target Corp. to offer its patented keystroke encryption software to consumers. StrikeForce is now … Read more on this. Target Corp. (TGT) , with a current market cap of $40.70B, began trading this morning at $69.05. Looking at today’s trading action, the company’s one day range from $67.90 to $69.72 with a trailing 52-week range being $65.50 to $85.31. Priced at 13.49x this year’s forecasted earnings, TGT shares are relatively expensive compared to the industry’s 9.53x forward p/e ratio. And for passive income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 3.46%. According to a consensus of 22 analysts, the earnings estimate of $1.12 per share 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 predicated on a consensus revenue forecast of $16.17 Billion. If reported, 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. With the above information in mind, readers should note that the average price target is $76.92, which is 11.40% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: 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 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 Stock Update: Target Corporation (NYSE:TGT) – Target Corporation Declares Regular Quarterly Dividend