Barclays Keeps Their Hold Rating on Target (TGT)

In a report released yesterday, Matthew McClintock from Barclays maintained a Hold rating on Target (NYSE: TGT), with a price target of $90. The company’s shares closed yesterday at $85.94, close to its 52-week high of $88.89.

According to, McClintock is a 4-star analyst with an average return of 7.8% and a 56.6% success rate. McClintock covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Dick’s Sporting Goods, and Advance Auto Parts.

Target has an analyst consensus of Moderate Buy, with a price target consensus of $88.44, representing a 2.9% upside. In a report released yesterday, Guggenheim also maintained a Hold rating on the stock.


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Target’s market cap is currently $45.8B and has a P/E ratio of 15.77. The company has a Price to Book ratio of 4.10.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Laysha Ward, the Exec. Officer of TGT sold 43,926 shares for a total of $3,484,650.

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Target Corp. engages in owning and operating of general merchandise stores. It also operates SuperTarget stores with a line of food and general merchandise items and offers an assortment of general merchandise, including many items found in the company’s stores and a complementary assortment, such as extended sizes and colors, sold only online.