Stock to Buy: Target Corp (TGT $49.34)
Target Corp (TGT $49.34) reported 2nd quarter 2012 earnings of $1.03 per share on August 17, 2011. Undervalued-Stock.com issues buy rating.
Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 30 on the Fortune 500 as of 2010 and is a component of the Standard & Poor's 500 index. Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain. Unknown to many, Target Furniture is an official Target store. The company was founded in 1902 as the Dayton Dry Goods Company, though its first Target store was opened in 1962 in nearby Roseville, Minnesota. Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000. On January 13, 2011, Target announced its expansion into Canada. Target will operate 100 to 150 stores in Canada by 2013, through its purchase of leaseholds from the Canadian chain Zellers. Source: Wikipedia
Undervalued-Stock.com stock ratings use the following factors:
Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 30 on the Fortune 500 as of 2010 and is a component of the Standard & Poor's 500 index. Its bullseye trademark is licensed to Wesfarmers, owners of the separate Target Australia chain. Unknown to many, Target Furniture is an official Target store. The company was founded in 1902 as the Dayton Dry Goods Company, though its first Target store was opened in 1962 in nearby Roseville, Minnesota. Target grew and eventually became the largest division of Dayton Hudson Corporation, culminating in the company being renamed as Target Corporation in August 2000. On January 13, 2011, Target announced its expansion into Canada. Target will operate 100 to 150 stores in Canada by 2013, through its purchase of leaseholds from the Canadian chain Zellers. Source: Wikipedia
Undervalued-Stock.com stock ratings use the following factors:
- a stable earnings history
- price to earnings (P/E) ratio is below 10-year average
- earnings growth over the past 10 years
- credit rating
- recession performance
- price to book ratio is below historical average
- competitive position
- market share
- successful business executions
- business type and size
Comments