Where Will Target Stock Be in 3 Years?
(NYSE: TGT) stock investors haven't had much to celebrate lately. The retailer's shares are down nearly 40% in the three years ended in mid-August, as compared to a 57% rally in the wider market. To add insult to injury, peers like Costco (NASDAQ: COST) and (NYSE: WMT) outperformed the S 500 by a wide margin in that period.
Yet investing is about the future, not the past, and it is possible that Target's bad run is setting shareholders up for a multi-year rally. With that prospect in mind, let's look at the potential for this struggling stock to return to its prior winning ways.
Image source: Getty Images.
Source Fool.com
Target Corp. Stock
€79.10
0.000%
The stock is one of the favorites of our community with 26 Buy predictions and 3 Sell predictions.
As a result the target price of 110 € shows a positive potential of 39.06% compared to the current price of 79.1 € for Target Corp..
