Will 2018 Be Target’s Best Year Ever?
It's safe to assume 2017 is a year Target (NYSE: TGT) investors would rather forget. Shares of the retail commerce giant are down 14%, while the greater S&P 500 is up 19%. Even worse, the company's performance is nearly 55 percentage points below its biggest competitor, Wal-Mart (NYSE: WMT).
In many ways, Target finds itself where Wal-Mart was in 2015. After years of lagging the market, Wal-Mart CEO Doug McMillon did something unusual in retail -- he ignored conventional wisdom and decided to invest in his company; Wal-Mart has doubled the S&P 500's return since that event and on a year-to-date basis.
Source: Fool.com
Target Corp. Stock
€131.80
2.320%
Currently there is a rather positive sentiment for Target Corp. with 34 Buy predictions and 12 Sell predictions.
On the other hand, the target price of 119 € is below the current price of 131.8 € for Target Corp., so the potential is actually -9.71%.
