Research analysts at Stifel Nicolaus boosted their price target on shares of TJX Cos. (NYSE:TJX) from $65.00 to $72.00 in a report released on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 13.80% from the stock’s previous close.
A number of other analysts have also recently weighed in on TJX. Analysts at Sterne Agee raised their price target on shares of TJX Cos. to $68.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of TJX Cos. from $64.00 to $67.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of TJX Cos. from $55.00 to $60.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $62.13.
TJX Cos. (NYSE:TJX) traded up 0.24% during mid-day trading on Wednesday, hitting $63.27. 3,767,985 shares of the company’s stock traded hands. TJX Cos. has a one year low of $40.98 and a one year high of $63.93. The stock’s 50-day moving average is $59.02 and its 200-day moving average is $53.91. The company has a market cap of $45.253 billion and a P/E ratio of 23.17.
TJX Cos. (NYSE:TJX) last issued its quarterly earnings data on Tuesday, November 19th. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.01. The company had revenue of $6.98 billion for the quarter, compared to the consensus estimate of $6.91 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Analysts expect that TJX Cos. will post $2.86 EPS 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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