TJX Companies (The) (TJX): Price Target and June Short Interest Disclosure

TJX Companies (The) (TJX) : The most positive equity analysts on TJX Companies (The) (TJX) expects the shares to touch $90, whereas, the least positive believes that the stock will trade at $73 in the short term. The company is covered by 16 Wall Street Brokerage Firms. The average price target for shares are $83.06 with an expected fluctuation of $4.23 from the mean.

TJX Companies (The) (TJX) has witnessed a rise of 2% or 187,499 shares in its short figure. The short interest augmentation took it from 9,505,644 on June 15,2016 to 9,693,143 on June 30,2016. In terms of floated shares, the short interest was calculated to be 1.5%. The days to cover are 3 given that the daily volume averaged 3,625,972 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Bernstein maintains its rating on TJX Companies (The) (NYSE:TJX). The global brokerage major raises the current price target from $82 per share to $83 per share. Analysts at the Bernstein have a current rating of Outperform on the shares. The rating by the firm was issued on May 18, 2016.


TJX Companies (The) (NYSE:TJX): On Thursdays trading session , Opening price of the stock was $78.79 with an intraday high of $78.83. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $77.87. However, the stock managed to close at $78.05, a loss of 0.13% for the day. On the previous day, the stock had closed at $78.15. The total traded volume of the day was 2,671,258 shares.

The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel, home fashions, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.

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