Brokerage Firm Rating on TJX Companies (The) (TJX)

TJX Companies (The) (TJX) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 18 equity analysts. Nonetheless, 13 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

TJX Companies (The) (TJX) : Currently there are 15 street experts covering TJX Companies (The) (TJX) stock. The most bullish and bearish price target for the stock is $92 and $73 respectively for the short term. The average price target of all the analysts comes to $83.33. The estimated standard deviation from the target is $4.89.


For the current week, the company shares have a recommendation consensus of Buy. TJX Companies (The) (NYSE:TJX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $83.00 and $81.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.43, notching a gain of 1.09% for the day. The total traded volume was 3,740,846 . The stock had closed at $81.54 on the previous day.

In a related news, Alvarez Jose B, director of Tjx Companies Inc /De/, unloaded 1,158 shares at an average price of $76.51 on June 15, 2016. The total amount of the transaction was worth $88,599, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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