Target Trading at a Discount: Is Now the Time to Buy TGT Stock?
Target(TGT) ZACKS·2024-10-25 04:01
Target Corporation (TGT) , a prominent player in the retail sector, is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 14.4X, which positions it at a discount compared to the Retail - Discount Store industry’s average of 29.36X. The stock is also trading below its median P/E level of 15.31, observed over the past year. This suggests that TGT stock is priced attractively relative to its peers and historical levels, positioning it as a potential bargain.TGT Stock Valuation Looks At ...