Insider Deal: Laysha Ward Sold 43,926 Shares of Target (TGT); COVESTRO AG ORDINARY SHARES GERMANY FED (CVVTF) Shorts Raised By 7.74%

June 13, 2018 - By Maria Brooks

Target Corporation (NYSE:TGT) Logo

COVESTRO AG ORDINARY SHARES GERMANY FED (OTCMKTS:CVVTF) had an increase of 7.74% in short interest. CVVTF’s SI was 186,500 shares in June as released by FINRA. Its up 7.74% from 173,100 shares previously. With 100 avg volume, 1865 days are for COVESTRO AG ORDINARY SHARES GERMANY FED (OTCMKTS:CVVTF)’s short sellers to cover CVVTF’s short positions. The SI to COVESTRO AG ORDINARY SHARES GERMANY FED’s float is 0.12%. The stock decreased 1.23% or $1.14 during the last trading session, reaching $91.35. About 204 shares traded or 0.99% up from the average. Covestro AG (OTCMKTS:CVVTF) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

The stock decreased 1.33% or $1.05 during the last trading session, reaching $78.02. About 3.48 million shares traded. Target Corporation (NYSE:TGT) has risen 31.38% since June 13, 2017 and is uptrending. It has outperformed by 18.81% the S&P500. Some Historical TGT News: ; 15/03/2018 – Fitch: Target Had About $11.6 Billion of Total Debt as of Feb. 3; 06/03/2018 – Target: Wage Increase Part of Previously Announced Plan to Boost to $15 by End of 2020; 23/03/2018 – THERE IS NO TRUTH TO REPORT ON TARGET CORP AND KROGER CO MULLING MERGER; 06/03/2018 – TARGET: NEW STORES TO ADD ABOUT 50BPS OF SALES GROWTH THIS YR; 15/04/2018 – PREVIEW-South Dakota e-commerce sale tax fight reaches U.S. Supreme Court; 06/03/2018 – TARGET 2-DAY OFFER IS FOR ORDERS OVER $35 OR MADE WITH RED CARD; 23/03/2018 – TARGET, KROGER ARE SAID IN POSSIBLE MERGER TALKS: FAST COMPANY; 15/03/2018 – Fitch: Target’s Outlook Has Been Revised to Stable From Negative; 23/05/2018 – TARGET SEES 2Q ADJ EPS $1.30 TO $1.50, EST. $1.35; 06/03/2018 – Target 4Q Gross Margin 26.2%

Among 29 analysts covering Target Corporation (NYSE:TGT), 11 have Buy rating, 3 Sell and 15 Hold. Therefore 38% are positive. Target Corporation has $95.0 highest and $4.45 lowest target. $76.42’s average target is -2.05% below currents $78.02 stock price. Target Corporation had 92 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Target Corporation (NYSE:TGT) has “Outperform” rating given on Wednesday, February 14 by Robert W. Baird. The stock of Target Corporation (NYSE:TGT) earned “Hold” rating by Stifel Nicolaus on Thursday, November 16. The rating was reinitiated by Credit Suisse on Friday, September 16 with “Neutral”. Stifel Nicolaus reinitiated Target Corporation (NYSE:TGT) rating on Friday, January 20. Stifel Nicolaus has “Hold” rating and $72 target. The firm has “Hold” rating given on Tuesday, October 3 by Jefferies. The stock has “Hold” rating by Robert W. Baird on Tuesday, January 2. Vetr upgraded the stock to “Strong-Buy” rating in Wednesday, September 2 report. The stock of Target Corporation (NYSE:TGT) has “Outperform” rating given on Saturday, August 22 by Cowen & Co. The rating was maintained by Nomura with “Neutral” on Thursday, May 19. Robert W. Baird maintained the stock with “Hold” rating in Monday, October 2 report.

Analysts await Target Corporation (NYSE:TGT) to report earnings on August, 15. They expect $1.39 EPS, up 13.01% or $0.16 from last year’s $1.23 per share. TGT’s profit will be $741.05 million for 14.03 P/E if the $1.39 EPS becomes a reality. After $1.32 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 5.30% EPS growth.

Laysha Ward is the Executive Officer of Target Corp. She not a long ago made a sale of 43,926 shares in the Minnesota-based Target Corp with the deal value amounting to exactly $3,484,825 U.S. Dollars. The stated number is based on the reported price of $79.3 for share. For full details of this trade please refer to the U.S. Security & Exchange Commission’s filing available for free here. Laysha Ward has roughly 0.01% of Target Corp’s total market cap or 54,996 shares. Considering the size of the deal, it is difficult to remain ignored.

Target Corporation operates as a general merchandise retailer. The company has market cap of $41.60 billion. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. It has a 14.64 P/E ratio. The firm also provides home furnishings and décor, such as furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, as well as seasonal merchandise, such as patio furniture and holiday décor; music, movies, books, computer software, sporting goods, and toys, as well as electronics, such as video game hardware and software.

More notable recent Target Corporation (NYSE:TGT) news were published by: which released: “Target continues to break out” on June 05, 2018, also with their article: “Target: Could Be Worse To Come” published on May 24, 2018, published: “Traffic strong at Target” on May 23, 2018. More interesting news about Target Corporation (NYSE:TGT) were released by: and their article: “Sell Target Into Earnings” published on May 23, 2018 as well as‘s news article titled: “Target’s Stock Price Malaise Is An Opportunity” with publication date: May 15, 2018.

Covestro Aktiengesellschaft manufactures and sells polymer materials for various industries worldwide. The company has market cap of $18.43 billion. It operates through three divisions: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. It has a 7.48 P/E ratio. The Polyurethanes segment develops, produces, and markets precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains.

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