What is the target stock price forecast for 2024? (2024)

What is the target stock price forecast for 2024?

Target Stock Price Forecast 2024-2025

What is the target stock price forecast for 2025?

Long-Term Target Stock Price Predictions
YearPredictionChange
2025$ 162.2411.51%
2026$ 180.9224.35%
2027$ 201.7538.67%
2028$ 224.9854.63%
2 more rows

How high will target stock go?

The average price target for Target is $152.25. This is based on 25 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $180.00 ,the lowest forecast is $125.00. The average price target represents 5.42% Increase from the current price of $144.42.

What is the target 12-month forecast?

Stock Price Forecast

The 28 analysts offering 12-month price forecasts for Target Corp have a median target of 155.00, with a high estimate of 180.00 and a low estimate of 125.00.

What is the long term outlook for target?

On average, Wall Street analysts predict that Target's share price could reach $149.20 by Jan 16, 2025. The average Target stock price prediction forecasts a potential upside of 2.55% from the current TGT share price of $145.49.

What will Apple stock be worth in 2025?

Unless we see a serious global macro shock over the next couple of years, I expect Apple stock to trade higher than current levels by the end of 2025. Wall Street analysts likewise expect the stock to rise to $205.84 over the next 12 months, while the Street-high target price is $240.

What is the 1 year target estimate of a stock?

1 year target estimate is simply the price that analysts have predicted the stock will be one year from now. The reliability behind these estimates are the true question here. The way I see it, the accuracy of an estimate has the same chance as any other estimate.

Should I sell my Target stock?

Is Target stock a Buy, Sell or Hold? Target stock has received a consensus rating of buy. The average rating score is and is based on 61 buy ratings, 34 hold ratings, and 1 sell ratings.

Will Target stock recover?

The price is right, and the company is on track to see gains over the next 12 months and beyond. Of the 29 analysts who weighed in on the 12-month price forecast, there was a low estimate of $130 per share (roughly on par with the current price), a median target of $170 per share, and a high price of $220 per share.

Is it a good time to buy Target stock?

Trading levels for TGT

Target holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend. '". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

What is Walmart 12 month target price?

Based on analyst ratings, Walmart's 12-month average price target is $180.25. What is WMT's upside potential, based on the analysts' average price target? Walmart has 9.34% upside potential, based on the analysts' average price target.

What is target and forecast?

A sales target is a goal, while a sales forecast is an estimate. A sales target is set by management, while a sales forecast can be prepared by sales, marketing, and finance. A sales target is more ambitious, while a sales forecast is more realistic. Both are important for businesses.

How accurate is a forecast 3 weeks out?

The Short Answer: A seven-day forecast can accurately predict the weather about 80 percent of the time and a five-day forecast can accurately predict the weather approximately 90 percent of the time. However, a 10-day—or longer—forecast is only right about half the time.

Is Target a buy or sell?

Target has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 13 buy ratings, 14 hold ratings, and no sell ratings.

Is Target financially stable?

Target has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is.

Who does Target compete with?

Target's competitors and similar companies include Alibaba Group, Costco, GameStop, Dollar General, Kroger, Amazon, TJX, Macy's and Walmart. Target is a general merchandise retailer selling products through stores and digital channels.

What will Amazon stock be worth in 5 years?

Still, we can use Amazon stock's present valuation to at least figure out a plausible target price. Trading at around 50 times forward-looking earnings and a little less than 3 times its trailing-12-month sales, Amazon shares could be in the ballpark of $400 apiece in 2028.

Is AMZN a buy right now?

Over the past month, 14 estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 10.18%. Thanks to promising estimate revisions, Amazon currently carries a Zacks Rank #1 (Strong Buy).

What is Amazon stock prediction?

Average Price Target

Based on 39 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $208.45 with a high forecast of $230.00 and a low forecast of $175.00. The average price target represents a 21.33% change from the last price of $171.81.

Who has the most accurate stock predictions?

AltIndex – We found that AltIndex is the most accurate stock predictor for 2024. Unlike other providers in this space, AltIndex relies on alternative data points, such as social media sentiment and website analytics. It also uses artificial intelligence to convert its findings into risk-averse stock picks.

How much do stocks grow in 20 years?

5-year, 10-year, 20-year and 30-year S&P 500 returns
Period (start-of-year to end-of-2023)Average annual S&P 500 return
15 years (2009-2023)12.63%
20 years (2004-2023)9.00%
25 years (1999-2023)7.18%
30 years (1994-2023)9.67%
2 more rows
Jan 30, 2024

When should you sell stock for profit?

When to sell a stock
  1. You've found something better. ...
  2. You made a mistake. ...
  3. The company's business outlook has changed. ...
  4. Tax reasons. ...
  5. Rebalancing your portfolio. ...
  6. Valuation no longer reflects business reality. ...
  7. You need the money. ...
  8. The stock has gone up.
Sep 11, 2023

Is Target a good long term stock?

TGT boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Target are trading at a forward earnings multiple of 17.2X, as well as a PEG Ratio of 1.2, a Price/Cash Flow ratio of 12X, and a Price/Sales ratio of 0.6X.

How low will Target stock go?

Target (TGT) Price Targets
Average Price TargetHighest Price TargetLowest Price Target
$152.48$183.00$125.00

Is Target an undervalued stock?

Target stock is 34.9% undervalued to its fair value of $148.44 per share according to the consensus rating of 31 analysts. The spread between those analysts ranges from a low price target of $116 per share to a high of $184 per share.

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