NEW YORK ( TheStreet) -- Target (NYSE: TGT) hit a new 52-week high Thursday as it is currently trading at $72.79, above its previous 52-week high of $72.77 with 1.2 million shares traded as of 11:10 a.m. ET. Average volume has been 4.5 million shares over the past 30 days. Target has a market cap of $46.06 billion and is part of the services sector and retail industry. Shares are up 21.7% year to date as of the close of trading on Wednesday. Target Corporation operates general merchandise stores in the United States.