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Target’s Valuation Compared to Its Peers

Adrian Stevens
Updated
Target’s Valuation Compared to Its Peers

Target (TGT) stock was trading at a forward PE (price-to-earnings) ratio of 14.8x on January 9, 2018, which seems compelling when compared to the peer group average of 24.5x. Target stock is trading at a discount compared to the Consumer Staples Select Sector SPDR ETF’s (XLP) forward PE (price-to-earnings) multiple of 21.2x and the S&P 500 Index’s (SPX) forward PE multiple of 19.5x. Walmart (WMT) and Costco (COST) stock are trading at forward PE multiples of 21.5x and 27.5x, respectively.

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