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

[PR Newswire] – NEW YORK, June 29, 2016 /PRNewswire/ — 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 … Read more on this. Target Corp. (TGT) , valued at $41.25B, started the session at $69.76. Today’s price range has been between $69.68 and $70.58 per share and has traded between $65.50 and $85.31 over the past 12 months. TGT shares are currently priced at 13.57x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 9.53x earnings multiple. And for passive income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 3.46%. 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’s full-year earnings. 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. Given all the information above, we should disclose to readers that the average price target is $76.92, which is 10.26% above than it 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 (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