Target stock is trading -16.47% below its average target price of $174.95 after marking a 1.9% during today's evening session. Analysts are giving the Large-Cap Department Store company an average rating of buy and target prices ranging from $116.0 to $210.0 per share.
Target's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 2.18. The company's insiders own 0.18% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 81.2%. In conclusion, we believe there is mixed market sentiment regarding Target.
Institutions Invested in Target
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 10% | 44,496,184 | $6,502,227,585 |
| 2024-03-31 | State Street Corporation | 7% | 34,095,990 | $4,982,447,185 |
| 2024-03-31 | Blackrock Inc. | 7% | 32,137,496 | $4,696,252,447 |
| 2024-03-31 | Capital World Investors | 5% | 25,370,342 | $3,707,368,200 |
| 2024-03-31 | Franklin Resources, Inc. | 3% | 12,102,498 | $1,768,538,091 |
| 2024-03-31 | Massachusetts Financial Services Co. | 2% | 10,232,574 | $1,495,286,088 |
| 2024-03-31 | Wells Fargo & Company | 2% | 9,304,936 | $1,359,730,343 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 9,048,589 | $1,322,270,354 |
| 2024-03-31 | FMR, LLC | 2% | 8,740,594 | $1,277,263,043 |
| 2024-03-31 | Morgan Stanley | 1% | 6,666,899 | $974,233,983 |
