This TGT Stock Price Prediction from 2023 to 2060 will be very useful for the investors whore are thinking to invest their money in this oldest and largest retail company of USA.
The stock is highly valuable in case of dividend and Target Corporation quarterly payout dividend of $0.66 per share from last 47 year.
If anyone invested $500 in the Target Corporation IPO then they own aproximate 14 TGT stock. But due to wonderful dividend distribution of Taget Corporation they would own aproximate 1,344 TGT stock.
There is no doubt that the stock of Taget Corporation have the potential to make their investors wealthy in long turn.
But it sprice analysis is essential to make its investors hope full.
From it IPO price till now this stock has give aproximate 4000% to its investors when its price was touch all time high value of $255 on November 5, 2021.
But in current scenario its price show some decline.
For showing its expected price for particular year in depth analysis is important and which is described bellow in detailed.
Lets start!
Financial Overview of TGT Stock
| Parameters Name | Value/Price |
|---|---|
| Current Stock Price | $131.83 |
| Target Corporate Ticker Symbol | TGT |
| Market Cap | $60.85B |
| Enterprise Value | $78.36B |
| Price/Sales (TTM) | 0.56 |
| Enterprise Value/Revenue | 0.72 |
| Price/Book (MRQ) | 5.24 |
| Enterprise Value/EBITDA | 11.92 |
| 52 Week Low/High | $125.08/$183.89 |
| 50/200 Day Moving Average | $147.43/$157.54 |
| 52-Week Change | -11.88% |
| Official Website | Target Corporate |
TGT Stock Price Prediction 2023 to 2060
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $125.08 | $162.89 |
| 2024 | $140.92 | $179.18 |
| 2025 | $155.89 | $197.10 |
| 2026 | $174.05 | $216.80 |
| 2027 | $197.25 | $238.49 |
| 2028 | $210.45 | $272.50 |
| 2029 | $241.21 | $301.24 |
| 2030 | $298.25 | $360.47 |
| 2035 | $542.86 | $621.05 |
| 2040 | $789.33 | $874.58 |
| 2045 | $1036.57 | $1102.22 |
| 2050 | $1380.04 | $1451.17 |
| 2055 | $1589.87 | $1653.82 |
| 2060 | $1874.29 | $1928.40 |
TGT Stock Price Prediction 2023
This year the stock price of TGT reported some growth, but in the middle of May month, its price showed a downfall of more than $40.
After the IPO on October 18, 1967, at the stock price of $34, Target Corporation started its stock market journey. And till now, its stock price gets success in touching the high price mark of $257.58 on November 16, 2021.
This wonderful growth always attracts investors to invest in the TGT stock heavily.
In our price forecast of TGT stock, there are clear signs of getting significant improvement in its stock price till the end of 2023.
With this current market situation, its stock may reach the highest price of $162.89 and also face a decline up to the mark of $125.08 in 2023.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2023 | $125.08 | $162.89 |
TGT Stock Price Prediction 2024
This year some improvements in the TGT stock price will be seen, and moving to reach the target price of $200.
But our analysis shows its price will reach the highest forecasted price of $179.18 but stays within $140.92 in the lowest predicted price in 2024.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2024 | $140.92 | $179.18 |
TGT Stock Price Prediction 2025
Target Corporporatopn is the oldest retailed company, and its net revenue is enhancing with time.
More than 1800 retail stores of Target Corporation are already in excellent working condition in the United States of America, and this number will increase by 2025.
Target Corporation has a strong fundamental and dedicated team which have a great level of knowledge in the retail industry.
This can expect that in the coming years, the net profit of Target Corporation will improve, and in 2025, its stock again start growing in an upward direction.
Our study shows that, in 2025, the stock price of TGT may fluctuate from $155.89 to $197.10.
The price of TGT stock may cross the predicted value if the market takes bullish moments.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2025 | $155.89 | $197.10 |
TGT Stock Price Prediction 2030
Most market analyst predicts that Target Corporation’s revenue will be able to reach the historical value of $200 billion by 2030.
This tamanduas growth in revenue will also enhance the net profit of the company, which will surely attract investors.
Our study on Target Corporation shows positive growth in its stock price in the coming future.
Apart from this, in 2030, the stock price of TGT may reach $360.47, the highest forecasted point in the price chart, and also reach $298.25, the lowest forecasted price.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2030 | $298.25 | $360.47 |
TGT Stock Price Prediction 2040
With the growing future of the retail industry, the future of Target Corporation stock is fantastic.
Experts predict that the retail industry will change completely after more than two decades.
The use of artificial intelligence things in the retail market will overtake to provide real-time experience to customers.
This time period would be significant for investors who trust the retail industry segment and can expect a good return on their current investment.
The current time analysis for the stock price of Target Corporation in 2040 shows its price of $874.58 for the higher value forecast and $789.33 for the lowest value forecast.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2040 | $789.33 | $874.58 |
TGT Stock Price Prediction 2050
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2050 | $1380.04 | $1451.17 |
TGT Stock Price Prediction 2060
Our study, performed by using an advanced AI-based forecasting technique show, in 2060, the TGT stock price may lie in the range of $1874.29-$1928.40.
| TGT Stock Price Prediction Year | Minimum Stock Price | Maximum Stock Price |
|---|---|---|
| 2060 | $1874.29 | $1928.40 |
Is it a good time to buy TGT Stock?
Being an old and stable company Target Corporation has very strong financial fundamentals, but due to the warning of recession, its stock faced a decline in its price.
Apart from this, this company also faces strong competition with existing retail players like Walmart, Amazon, etc.
In the coming time, its stock price will definetly reach to unexpected high, and its investors will be enjoying a large amount of return.
This will happen smoothly but will take some time because many stock analysts have positive sentiments about TGT stock growth.
FAQ
Is TGT Stock a good investment for the long term?
The fundamental of Target Corporation is already strong, and company leadership is growing in a progressive direction also. As per our analysis, investing in the stock of Target Corporation will be a good opportunity who want significant returns as well as continuous dividends.
What is the dividend yield of Target Corporation?
The dividend yield of the Target Corporation is 3.20%.
TGT Stock Price Forecast for the Next 5 Years?
After five years, in 2028, the stock price will definetly cross the resistance barrier of $241.21 and achieve the highest target price of $272.50.
Read the following guide also:
2 thoughts on “TGT Stock Price Prediction 2023-2060”