Target Corporation operates as a general merchandise retailer in the United States and Canada, offering offering a selection of merchandise, including consumables, seasonal, home products and apparel. The company was founded in 1902 and is based in Minneapolis, Minnesota.
TGT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Target Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Target Corp ranked in the 51th percentile in terms of potential gain offered. As for the metrics that stood out in our discounted cash flow analysis of Target Corp, consider:
Interest coverage, a measure of earnings relative to interest payments, is 5.92 -- which is good for besting 53.3% of its peer stocks (US stocks in the Consumer Defensive sector with positive cash flow).
87% of the company's capital comes from equity, which is greater than 67.07% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Defensive that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TGT, try FIZZ, HSY, KDP, DL, and PM.
MINNEAPOLIS, Jan. 14, 2021 /PRNewswire/ -- The board of directors of Target Corporation (NYSE: TGT) has declared a quarterly dividend of 68 cents per common share. The dividend is payable March 10, 2021 to shareholders of record at the close of business February 17, 2021. The 1st quarter…