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Zacks Investment Research downgraded Target Corporation (NYSE:TGT) to Strong Sell in a report released today.

Yesterday Target Corporation (NYSE:TGT) traded -0.26% lower at $54.19. The company’s 50-day moving average is $61.35 and its 200-day moving average is $68.61. The last stock close price is down -21.08% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 1,664,809 shares of the stock were exchanged, down from an average trading volume of 7,221,140

Zacks Investment Research has downgraded Target Corporation (NYSE:TGT) to Strong Sell in a report released on 3/20/2017.

Previously on 3/01/2017, Barclays reported about Target Corporation (NYSE:TGT) lowered the target price from $60.00 to $50.00. At the time, this indicated a possible downside of -0.15%.

See Chart Below

Target Corporation (NYSE:TGT)

Target Corporation has a price-earnings ratio of 11.53 with a one year low of $54.12 and a one year high of $84.14 TGT’s total market value is presently $0.

A total of 23 equity analysts have released a ratings update on TGT. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $78.64.

Brief Synopsis About Target Corporation (NYSE:TGT)

Target Corporation offers everyday essentials and merchandise to its customers. The Company sells a range of general merchandise and food through its store and digital channels. The Company's general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. The Company's digital channels include a range of general merchandise, including various items found in its stores, along with a complementary assortment, such as additional sizes and colors sold only online. The Company's brands include Archer Farms, Market Pantry, Threshold, Simply Balanced, Merona, up & up, Boots & Barkley, Room Essentials, Wine Cube, Circo, Smith & Hawken, Xhilaration, Embark, Ava & Viv, Spritz and Sonia Kashuk. The Company's exclusive brands include C9 by Champion, DENIZEN from Levi's, Nate Berkus for Target, Cherokee, Fieldcrest, Oh Joy! for Target, Mossimo, Genuine Kids from OshKosh, Shaun White, Kid Made Modern and Hand Made Modern.

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