20 shares @ $62.00 on 12-23-2013
This will increase my forward 12-month dividend by $34.40 to a total of $1,036.52
I updated my Portfolio to reflect the changes.
Based on the 15 year normal P/E of 19.1 TGT is undervalue with a current P/E of 16.5 (Google Finance).
Here is a 4 year chart which shows that it is slightly fair to overvalue.
Here is a chart of the Estimated Earnings that shows that the amount I invested today should return almost 100% in 10 years.
Here you can see that the current yield (Orange Line) is at a 5 year high. This shows that at current prices TGT is undervalued.
In this graph I point out that in the $60 range TGT has had either a support or resistant. If it breaks the $60 support, then I think TGT will go down to the lower $50-53 range. If it does that, I plan to buy more shares to average down.
Morningstar.com (3 stars out of 5) with a fair price of $64.00
Yahoo Finance fair value of $68.05
Marketwatch Target Price of $67.64
What do you think of TGT? Plan on buying or do you already have it in your portfolio?
Why did their EPS drop in 2013?
ReplyDeleteI am not too familiar with TGT but it seems like every DGI'er and their mother are buying this stock at current prices. Seems like a good thing to do ;)
ReplyDeleteI added you to my blogroll by the way, keeps me updated! Best of luck in 2014.
Passion need everywhere in the work , when it is a business or a trading so keep passion work according to investment.
ReplyDeleteEpic Research