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Stock analysts at MKM Partners lifted their target price on shares of The TJX Companies (NYSE:TJX) from $63.00 to $64.00 in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. MKM Partners’ price target would indicate a potential upside of 9.29% from the company’s current price.

Other equities research analysts have also recently issued reports about 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 investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $62.45.

Shares of The TJX Companies (NYSE:TJX) traded down 0.96% on Wednesday, hitting $58.00. 2,436,876 shares of the company’s stock traded hands. The TJX Companies has a 52-week low of $51.91 and a 52-week high of $64.38. The stock has a 50-day moving average of $53.56 and a 200-day moving average of $57.12. The company has a market cap of $40.618 billion and a P/E ratio of 19.76. The TJX Companies also was the recipient of some unusual options trading on Tuesday. Stock traders purchased 15,210 call options on the stock. This is an increase of 757% compared to the typical daily volume of 1,775 call options.

The TJX Companies (NYSE:TJX) last issued its quarterly 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 in the prior year, the company posted $0.66 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. On average, analysts predict that The TJX Companies will post $3.20 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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