TJX Cos. Given Consensus Rating of “Buy” by Brokerages (NYSE:TJX)
TJX Cos. (NYSE:TJX) has earned a consensus rating of “Buy” from the twenty-five brokerages that are covering the company, American Banking and Market News reports. Nine analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $63.26.
Shares of TJX Cos. (NYSE:TJX) traded up 1.33% on Monday, hitting $60.88. The stock had a trading volume of 1,419,971 shares. TJX Cos. has a 52 week low of $43.43 and a 52 week high of $64.38. The stock’s 50-day moving average is $60.15 and its 200-day moving average is $58.65. The company has a market cap of $43.298 billion and a price-to-earnings ratio of 20.27.
A number of analysts have recently weighed in on TJX shares. Analysts at Nomura initiated coverage on shares of TJX Cos. in a research note on Wednesday, February 12th. They set a “buy” rating and a $67.00 price target on the stock. Separately, analysts at Sterne Agee downgraded shares of TJX Cos. from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 21st. They now have a $66.00 price target on the stock, down previously from $68.00. They noted that the move was a valuation call. Finally, analysts at Zacks reiterated a “neutral” rating on shares of TJX Cos. in a research note on Monday, January 6th. They now have a $67.00 price target on the stock.
The TJX Companies, Inc (NYSE:TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.
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