TJX Companies, Inc. (The) (NYSE:TJX)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse Group in a note issued to investors on Tuesday. They currently have a $72.00 target price on the apparel and home fashions retailer’s stock, down from their prior target price of $79.00. Credit Suisse Group’s price target would suggest a potential upside of 0.70% from the company’s current price.

Several other analysts have also recently commented on TJX. Zacks Investment Research raised TJX Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Tuesday, April 25th. Morgan Stanley raised TJX Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and set a $86.00 target price for the company in a research report on Wednesday, May 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $79.00 target price (down previously from $82.00) on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Nomura reaffirmed a “buy” rating and issued a $84.00 target price on shares of TJX Companies, Inc. (The) in a research report on Wednesday, May 17th. Finally, Cowen and Company set a $80.00 target price on TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research report on Wednesday, May 17th. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $83.72.

TJX Companies, Inc. (NYSE TJX) traded up 1.61% during trading on Tuesday, reaching $71.50. The company had a trading volume of 5,375,569 shares. The company has a 50-day moving average price of $70.27 and a 200 day moving average price of $75.23. TJX Companies, Inc. has a 52-week low of $66.65 and a 52-week high of $83.64. The stock has a market cap of $45.99 billion, a PE ratio of 20.30 and a beta of 0.77.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The business had revenue of $7.78 billion during the quarter, compared to analysts’ expectations of $7.88 billion. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. TJX Companies, Inc. (The)’s revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.76 earnings per share. On average, analysts anticipate that TJX Companies, Inc. will post $3.89 earnings per share for the current year.

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In other TJX Companies, Inc. (The) news, EVP Richard Sherr sold 1,179 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $75.58, for a total transaction of $89,108.82. Following the transaction, the executive vice president now directly owns 120,000 shares in the company, valued at $9,069,600. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kenneth Canestrari sold 4,000 shares of the firm’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $75.80, for a total value of $303,200.00. Following the transaction, the executive vice president now owns 86,243 shares in the company, valued at $6,537,219.40. The disclosure for this sale can be found here. 0.23% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of TJX. NBT Bank N A NY raised its position in TJX Companies, Inc. (The) by 1.9% in the second quarter. NBT Bank N A NY now owns 39,643 shares of the apparel and home fashions retailer’s stock worth $2,861,000 after buying an additional 753 shares during the last quarter. Principal Financial Group Inc. raised its position in TJX Companies, Inc. (The) by 12.3% in the second quarter. Principal Financial Group Inc. now owns 1,461,769 shares of the apparel and home fashions retailer’s stock worth $105,497,000 after buying an additional 159,758 shares during the last quarter. QCI Asset Management Inc. NY raised its position in TJX Companies, Inc. (The) by 2.4% in the second quarter. QCI Asset Management Inc. NY now owns 159,562 shares of the apparel and home fashions retailer’s stock worth $11,516,000 after buying an additional 3,689 shares during the last quarter. Nichols & Pratt Advisers LLP MA raised its position in TJX Companies, Inc. (The) by 0.6% in the second quarter. Nichols & Pratt Advisers LLP MA now owns 130,480 shares of the apparel and home fashions retailer’s stock worth $9,407,000 after buying an additional 805 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new position in TJX Companies, Inc. (The) during the second quarter worth approximately $2,200,000. Institutional investors own 89.85% of the company’s stock.

TJX Companies, Inc. (The) Company Profile

The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.

Analyst Recommendations for TJX Companies, Inc. (The) (NYSE:TJX)

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