Where Will Target Stock Be in 2 Years?
Big-box retailer (NYSE: TGT) is struggling. Sales growth has stalled out in the last two years, and trailing free cash flow (FCF) is down 13% over the same period.
That wouldn't be so bad if Target faced these soft figures in a vacuum, but that's not the case. Walmart and Amazon have seen double-digit sales growth and generous cash flows while Target slumped.
As a result, Target shares are trading at the bargain-bin valuation of 0.6 times sales or 14 times FCF. It could double in price and still look affordable next to retailer archrivals Walmart and Amazon.
Source Fool.com
Target Corp. Stock
€82.70
0.070%
Currently there is a rather positive sentiment for Target Corp. with 25 Buy predictions and 5 Sell predictions.
With a target price of 98 € there is a slightly positive potential of 18.5% for Target Corp. compared to the current price of 82.7 €.
