TJX Cos. (NYSE:TJX)‘s stock had its “buy” rating reiterated by analysts at Lazard Capital Markets in a research report issued on Wednesday, Analyst Ratings.Net reports. They currently have a $66.00 price target on the stock. Lazard Capital Markets’ price objective would indicate a potential upside of 4.56% from the stock’s previous close.
Shares of TJX Cos. (NYSE:TJX) opened at 63.12 on Wednesday. TJX Cos. has a 52 week low of $40.98 and a 52 week 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 $45.146 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 (EPS) for the quarter, beating the 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.
A number of other firms have also recently commented on TJX. Analysts at UBS AG reiterated a “buy” rating on shares of TJX Cos. in a research note to investors on Wednesday. They now have a $66.00 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of TJX Cos. in a research note to investors on Wednesday. They now have a $67.00 price target on the stock, up previously from $64.00. Finally, analysts at Telsey Advisory Group raised their price target on shares of TJX Cos. from $65.00 to $68.00 in a research note to investors on Wednesday. They now have a “not rated” rating on the stock. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. TJX Cos. has a consensus rating of “Buy” and an average price target of $59.57.
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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