The TJX Companies Receives Average Recommendation of “Buy” from Analysts (NYSE:TJX)
Shares of The TJX Companies (NYSE:TJX) have earned a consensus recommendation of “Buy” from the twenty-three analysts that are presently covering the company, Analyst Ratings.Net reports. Seven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $62.41.
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.
The TJX Companies (NYSE:TJX) opened at 53.90 on Friday. 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 $37.747 billion and a P/E ratio of 17.93.
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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