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The TJX Companies (NYSE:TJX) announced its earnings results on Tuesday. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.02, StockRatingsNetwork reports. The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.80 billion.

The TJX Companies (NYSE:TJX) opened at 53.90 on Tuesday. 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 $37.747 billion and a P/E ratio of 17.93.

A number of research firms have recently commented on TJX. 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. On a related note, 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 given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $62.41.

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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