Target Corporation: Reasonably-Valued Dividend Aristocrat
September 27 2021 - 05:56AM
TipRanks
Target Corporation (TGT) lies amongst America's largest retail
companies, boasting a market capitalization of $117.8 billion.
Target offers everyday essentials and fashionable, differentiated
merchandise at discounted prices, supported by its advanced supply
chain. The company has a prolonged track record of successfully
expanding, which has come with exceptional shareholder returns on
the way. Target is officially a member of the S&P Dividend
Aristocrat Index, which comprises companies counting 25 or more
years of consecutive annual dividend increases. Shares of Target
have rallied by more than 60% over the past year. That said, I
believe Target has remained reasonably valued. Hence, I am bullish
on the stock.
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Target (NYSE:TGT)
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From Feb 2023 to Mar 2023
Target (NYSE:TGT)
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From Mar 2022 to Mar 2023