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
€133.20
0.910%
Our community is currently high on Target Corp. with 35 Buy predictions and 13 Sell predictions.
However, we have a potential of -9.91% for Target Corp. as the target price of 120 € is below the current price of 133.2 €.
