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Will 2018 Be Target’s Best Year Ever?


Will 2018 Be Target’s Best Year Ever?

It's safe to assume 2017 is a year Target (NYSE: TGT) investors would rather forget. Shares of the retail commerce giant are down 14%, while the greater S&P 500 is up 19%. Even worse, the company's performance is nearly 55 percentage points below its biggest competitor, Wal-Mart (NYSE: WMT).

In many ways, Target finds itself where Wal-Mart was in 2015. After years of lagging the market, Wal-Mart CEO Doug McMillon did something unusual in retail -- he ignored conventional wisdom and decided to invest in his company; Wal-Mart has doubled the S&P 500's return since that event and on a year-to-date basis.

WMT Chart

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Source: Fool.com

Target Corp. Stock

€134.34
0.450%
The Target Corp. stock is trending slightly upwards today, with an increase of €0.60 (0.450%) compared to yesterday's price.
With 44 Buy predictions and 1 Sell predictions Target Corp. is one of the favorites of our community.
With a target price of 167 € there is a positive potential of 24.31% for Target Corp. compared to the current price of 134.34 €.
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