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Target (MEX:TGT) 6-Month Price Index : 1.01 (As of Dec. 13, 2024)


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What is Target 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-12-13), Target's 6-Month Price Index is 1.01.

Competitive Comparison of Target's 6-Month Price Index

For the Discount Stores subindustry, Target's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Target  (MEX:TGT) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Target  (MEX:TGT) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Target 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Target's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Target Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Target Corp (MEX:TGT) » Definitions » 6-Month Price Index
Comparable Companies
DG DLTR BJ OLLI TBBB PSMT BIGGQ WMT COST MEX:WALMEX TSX:DOL BOM:540376 TSE:7532 LSE:BME TSE:141A WAR:PCO TSE:2782 XKRX:139480 OSL:EPR XMAD:DIA
Traded in Other Exchanges
TGT:USA TGT:Peru 1TGT:Italy DYHd:UK 0LD8:UK DYH:Germany DYH:Germany DYH:Germany DYH:Germany TGT:Chile TGTB34:Brazil TGTC:Austria TGT:Argentina
Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Website
https://corporate.target.com
Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer.Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.