Target traded at $123.54 this Tuesday June 2nd, decreasing $0.17 or 0.14 percent since the previous trading session. Looking back, over the last four weeks, Target lost 3.30 percent. Over the last 12 months, its price rose by 32.38 percent. Looking ahead, we forecast Target to be priced at 124.54 by the end of this quarter and at 117.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of merchandise assortment, including many items found in our stores, along with a complementary assortment. The Company sells assortment of general merchandise and food. Its format stores offer curated general merchandise and food assortments. The Company manages its inventory in a range of merchandise categories, including apparel, accessories, home decor, electronics, toys, seasonal offerings, food, and others. It operates stores, including format stores in urban markets and on college campuses. The Company’s product category includes apparel and accessories, beauty and household essentials, food and beverage, hardlines, and home furnishings and decor.