Where Will Target Stock Be in 5 Years?
(NYSE: TGT), one of the largest retailers in America, was once considered a dependable blue-chip stock for dividend investors. On November 26, 2021, its stock closed at a record high of $238.01 per share, marking a three-year gain of 234%.
Target impressed the bulls with its soaring digital sales throughout the pandemic, the expansion of its private-label brands, and its overall pricing power. The broader buying frenzy in stocks -- which was sparked by stimulus checks, social media buzz, and the growing popularity of commission-free trading platforms -- further inflated its valuations.
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Source Fool.com
Target Corp. Stock
€101.80
-2.120%
Currently there is a rather positive sentiment for Target Corp. with 27 Buy predictions and 11 Sell predictions.
On the other hand, the target price of 98 € is below the current price of 101.8 € for Target Corp., so the potential is actually -3.73%.
