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Shares of The TJX Companies (NYSE:TJX) were the target of unusually large options trading activity on Tuesday. Stock investors acquired 5,697 put options on the stock, Analyst Ratings reports. This represents an increase of approximately 522% compared to the average daily volume of 916 put options.

Several analysts have recently commented on the stock. Analysts at Northcoast Research upgraded shares of The TJX Companies from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 23rd. They now have a $62.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Sterne Agee cut their price target on shares of The TJX Companies from $65.00 to $56.00 in a research note on Wednesday, July 16th. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The TJX Companies in a research note on Friday, May 23rd. They now have a $63.00 price target on the stock, down previously from $65.00. Seven research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $62.41.

Shares of The TJX Companies (NYSE:TJX) traded up 8.65% on Tuesday, hitting $58.56. The stock had a trading volume of 15,918,490 shares. The TJX Companies has a 52-week low of $51.91 and a 52-week high of $64.38. The stock’s 50-day moving average is $53.41 and its 200-day moving average is $57.11. The company has a market cap of $41.010 billion and a price-to-earnings ratio of 18.19.

The TJX Companies (NYSE:TJX) last issued its quarterly earnings data on Tuesday, August 19th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Analysts expect that The TJX Companies will post $3.14 EPS for the current fiscal year.

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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