Stock Update (NYSE:TGT): INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Target Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 18, 2016 – TGT

[GlobeNewswire] – NEW YORK, July 12, 2016– The following statement is being issued by Levi & Korsinsky, LLP:. To: All persons or entities who purchased or otherwise acquired securities of Target Corporation between February … Read more on this. Target Corp. (TGT) , with a current value of $43.18B, started trading this morning at $72.49. Today, shares have traded between $72.44 and $73.57 per share with a trailing 52-week range being $65.50 to $85.31. TGT shares are currently priced at 14.11x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 19.17x earnings multiple. And for passive income investors, the company pays shareholders $2.40 per share annually in dividends, yielding 3.37%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $1.12 per share, which would be $0.10 worse than the year-ago quarter and a $0.25 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.14 would be a $0.45 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $16.17 Billion. If reported, that would be a 7.23% decrease over the year-ago quarter. In terms of ratings, Barclays downgraded TGT from Overweight to Underweight (Mar 31, 2016). Previously, Citigroup Initiated TGT at to Buy. The average price target for TGT shares is $77.06, which is 6.30% above where the stock opened this morning. See more in (NYSE:TGT) Similar Articles: Market Update (NYSE:TGT): SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Target Corporation of Class Action Lawsuit and a Lead Plaintiff Deadline of July 18, 2016 – TGT Market Update: HCP Inc (NYSE:HCP) – INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of HCP, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 11, 2016 – HCP Stock Update (NYSE:HCP): INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of HCP, Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of July 11, 2016 — HCP