Target Corp (TGT): Today's Featured Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Target ( TGT) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Target fell $0.84 (-1.3%) to $64.55 on average volume. Throughout the day, 4,311,885 shares of Target exchanged hands as compared to its average daily volume of 4,054,300 shares. The stock ranged in price between $64.55-$65.49 after having opened the day at $65.34 as compared to the previous trading day's close of $65.39. Other companies within the Retail industry that declined today were: China Jo-Jo Drugstores ( CJJD), down 6.6%, Natural Grocers by Vitamin Cottage ( NGVC), down 5.8%, BioScrip ( BIOS), down 4.7% and GameStop ( GME), down 4.7%.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $40.6 billion and is part of the services sector. Shares are up 8.8% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Target a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Haverty Furniture Companies ( HVT.A), up 7.0%, Haverty Furniture Companies ( HVT), up 5.8%, Gaiam Inc. Class A ( GAIA), up 5.7% and Tilly's ( TLYS), up 4.5% , were all gainers within the retail industry with Rite Aid Corporation ( RAD) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Eli Lilly's Trulicity Benefits From Growth of Diabetes Drugs

Eli Lilly's Trulicity Benefits From Growth of Diabetes Drugs

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Stocks Tumble as Trump Comments Lead to Worries Over China Trade Talks

Tiffany & Co. Sees a Strong Market in Asia

Tiffany & Co. Sees a Strong Market in Asia

Imagining the Stock Market in 10 Years

Imagining the Stock Market in 10 Years

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Video: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific