• Return to Headlines

Shares of Target Corp Rise Above Previous 52-Week High

By James Quinn

Target Corp (NYSE:TGT) traded at a new 52-week high today of $100.95. This new high was reached on above average trading volume as 17.6 million shares traded hands, while the average 30-day volume is approximately 4.8 million shares.

In the past 52 weeks, shares of Target Corp have traded between a low of $60.15 and a high of $100.95 and are now at $99.83, which is 66% above that low price. The 200-day and 50-day moving averages have moved 0.02% higher and 0.09% lower over the past week, respectively.

Target Corporation operates general merchandise discount stores. The Company focuses on merchandising operations which includes general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.

Target Corp (NYSE:TGT) defies analysts with a current price ($99.83) 24.3% above its average consensus price target of $75.56. Target Corp shares have support at the 50-day moving average (MA) of $86.14 and additional support at the 200-day MA of $77.73.

SmarTrend is tracking the current trend status for Target Corp and will alert subscribers who have TGT in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows target corp

Ticker(s): TGT