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Shares of The TJX Companies (NYSE:TJX) were the target of some unusual options trading activity on Tuesday. Stock investors purchased 15,210 call options on the company, Analyst Ratings News reports. This is an increase of approximately 757% compared to the average volume of 1,775 call options.

A number of analysts have recently weighed in on TJX shares. 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 stock presently has an average rating of “Buy” and a consensus target price of $62.41.

Shares of The TJX Companies (NYSE:TJX) traded up 8.65% during mid-day trading on Tuesday, hitting $58.56. The stock had a trading volume of 15,917,530 shares. The TJX Companies has a one year low of $51.91 and a one year 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 P/E ratio of 18.19.

The TJX Companies (NYSE:TJX) last released its earnings data on Tuesday, August 19th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.66 earnings per share. The TJX Companies’s revenue was up 7.4% compared to the same quarter last year. On average, analysts predict that The TJX Companies will post $3.14 earnings per share 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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