Buy Target Shares

How COVID-19 has impacted Target and measures they’ve taken as a business to combat it. Read on below.

Target Shares

Our aim is to help you buy Target shares armed with as much research and information as possible.

Below we’ve aggregated up to date information on Target including a detailed coronavirus section, full company information and live share prices and trend graphs. We’ve also added a step by step guide showing you exactly how to buy Target shares.

About Target

Target, best known as the department store that features discount pricing and value to its customers. The stores are categorized into several sizes including a hypermarket (Super Target) and smaller formats. They are a retail store providing a range of general merchandise including clothing, household goods, and electronics, as well as food. They stock name brands and several of their own store brands including Up and Up and Good and Gather. Each store is tailored to the community it serves. They offer 5% of profits donated back to the community and encourage volunteerism by their employees.

In 1902 George Dayton opened a dry goods store in Minnesota, and in 1962 it merged with J. L. Hudson Company and the bullseye logo was introduced. In 2000 the name was changed to Target Corporation. Its stock is sold on the New York Stock Exchange as TGT.

How Coronavirus has impacted Target's share price

Department and multi-product stores were greatly impacted by the outbreak of Coronavirus. Many closed at least temporarily, offered greatly reduced shopping hours, and encouraged online purchase with either curbside pickup or home delivery. Coupled with product shortages and disinfection procedures, staff was faced with a variety of challenges.

March 17th

All stores are ordered to close at 9:00 p.m. local time to allow for staff to clean and restock. The first hour of opening each Wednesday is now dedicated to serving those classified as high risk or vulnerable. They fast-track ordered essential items like pharmaceuticals, baby products, and cleaning supplies. All cafes, beverage bars, and seating areas are closed.

APRIL 2nd

Effective April 4, safety measures will be implemented including monitoring and metering customer traffic. It reinforced its directive toward rigorous cleaning, social distancing, Plexiglas partitions at all registers and encouraging online orders.

In addition to its donations of anti-viral and N95 respirator masks to first responders and healthcare workers to more than 50 organizations across the nation, it will donate an additional 2 million KN95 masks to medical providers.

APRIL 23rd

Target extended their $2.00 per hour temporary wage increase until May 30. They agreed to extend the back-up care and 30-day paid leave for at-risk employees, through the same date.

May 20TH

First quarter earnings were released with a reported 10.8% increase. Digital sales increased and same day services increased by 278%.

How to buy Target shares

It’s a very simple and straightforward process to getting started and owning a share of Target. Our step by step guide below will show you just how easy.

1. Pick a share trading platform.
We’ve provided a selection below to help you choose (many come with an app that you can manage from your phone).

2. Open an account with your chosen trading platform.
As with any account you’l be required to identify yourself with some personal details to make sure you are who you say you are.

3. Add a payment method.
You’ll be securely transferring money to your share trading platform in order to buy the shares, so you’ll need to add a way to pay.

4. Search for the company you want to buy shares in.
Each share trading platform has a simple way to locate the company you’ve identified.

5. Buy the shares.
Make sure you check the share price of the company you’re investing in and how much you’re investing (and ensure you’re happy with both) before you click the ‘buy’ button.

And that’s it, you’re now a shareholder. Congratulations!

Always remember that the value of your investments can go down as well as up. There’s a chance you may end up with less than you begin with. Capital is at risk.

Compare Brokers

We’ve compared the top trading platforms side by side, so you don’t have to. Choose the platform that suits your needs best.

Award winning, advanced trading platform.

ASSETS

Stocks, Options, ETFs, Futures

STOCK TRADE FEE

OPTION TRADE FEE

$0 + $1 per contract OR

$2.50 per contract

ANNUAL FEE

GO TO BROKER

Very low fees plus a cash bonus offering.

ASSETS

Stocks, Options, Bonds, ETFs, Forex, Mutual funds

STOCK TRADE FEE

OPTION TRADE FEE

$0 + $0.50 per contract

ANNUAL FEE

GO TO BROKER

No commission, forex fees or account minimums.

ASSETS

Stocks, Options, ETFs, Cryptocurrencies

STOCK TRADE FEE

OPTION TRADE FEE

ANNUAL FEE

GO TO BROKER

Affiliate Disclaimer: Confideal may make a small amount of money through affiliate marketing when you sign up to any of the brokers listed on our website.

Confideal.io is an independent marketing website which only acts as an introducer to companies that offer share trading capabilities. Confideal.io is not authorised to give any advice and we are not liable for any financial advice provided by, or obtained through a third party. The information published on the Confideal.io website is for information purposes only. Confideal does not offer financial advice.

Copyright Confideal 2020. All rights reserved.