September 30, 2015

VALUATION WATCH: Overvalued stocks now make up 31.33% of our stocks assigned a valuation and 9.54% of those equities are calculated to be overvalued by 20% or more. One sector is calculated to be overvalued.

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Target Announces New Price Match Policy

Target Corporation (TGT) operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business, Target.com. Although Target.com is small relative to their overall size, its sales are growing at a much more rapid pace than their in-store sales, and it provides important benefits to their stores and credit card operations.

Target has long been viewed as the more "upscale" Wal-Mart. A place where middle class shoppers may bargain hunt without feeling quite as put out as they might at a less "tidy" store like Wal-Mart. Yet Target is not that different from America's largest employer, and they compete for the same dollars--even if they do wrap their bargains up in a slightly cleaner, nicer, more organized package.

But that's just the old school "brick and mortar" experience. When it comes to online shopping, consumers typically search for the lowest price, period. So today's news that Target's website AND stores will now match prices found at competitors such as Amazon.com as well as Wal-Mart shows just how cutthroat the situation will be heading into the 2015 holiday season.

The updated price-match policy goes into effect tomorrow, October 1st, so consumers will have plenty of time to check it out before Black Friday. According to the company website, the retailer will now offer price matching with the following stores:

Amazon.com, Babiesrus.com, BedBathBeyond.com, Bestbuy.com, BN.com, Buybuybaby.com, Costco.com, CVS.com, Diapers.com, DicksSportingGoods.com, Drugstore.com, Gamestop.com, JCPenney.com, Kmart.com, Kohls.com, Macys.com, Newegg.com, Officedepot.com, Petco.com, Petsmart.com, Samsclub.com, Sears.com, SportsAuthority.com, Staples.com, Target.com, Toysrus.com, Ulta.com. Walgreens.com, Walmart.com and Wayfair.com.

Complete details are available HERE.

VALUENGINE RECOMMENDATION: ValuEngine continues its BUY recommendation on TARGET CORP for 2015-09-29. Based on the information we have gathered and our resulting research, we feel that TARGET CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Momentum.

You can download a free copy of detailed report on TGT from the link below.

ValuEngine Forecast
	Target Price*	Expected Return
1-Month	78.41	0.56%
3-Month	78.97	1.28%
6-Month	79.91	2.47%
1-Year	83.19	6.68%
2-Year	88.86	13.96%
3-Year	66.74	-14.41%

Valuation & Rankings
Valuation	0.83% overvalued	Valuation Rank(?)	31
1-M Forecast Return	0.56%	1-M Forecast Return Rank	88
12-M Return	23.70%	Momentum Rank(?)	88
Sharpe Ratio	0.44	Sharpe Ratio Rank(?)	77
5-Y Avg Annual Return	8.36%	5-Y Avg Annual Rtn Rank	71
Volatility	19.16%	Volatility Rank(?)	76
Expected EPS Growth	13.21%	EPS Growth Rank(?)	49
Market Cap (billions)	49.92	Size Rank	99
Trailing P/E Ratio	17.46	Trailing P/E Rank(?)	61
Forward P/E Ratio	15.42	Forward P/E Ratio Rank	46
PEG Ratio	1.32	PEG Ratio Rank	32
Price/Sales	0.69	Price/Sales Rank(?)	74
Market/Book	3.58	Market/Book Rank(?)	30
Beta	0.62	Beta Rank	63
Alpha	0.27	Alpha Rank	90

DOWNLOAD A FREE SAMPLE OF OUR TGT REPORT BY CLICKING THE REPORT IMAGE --->

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