TJX Companies (The) (TJX) Shares are Down -4.25%

TJX Companies (The) (TJX) : During the past 4 weeks, traders have been relatively bearish on TJX Companies (The) (TJX), hence the stock is down -0.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.22% relative to the S&P 500. The 4-week change in the price of the stock is -0.6% and the stock has fallen -4.25% in the past 1 week.

The TJX Companies, Inc. is up 5.52% in the last 3-month period. Year-to-Date the stock performance stands at 12.99%. The stock has recorded a 20-day Moving Average of 1.74% and the 50-Day Moving Average is 1.17%.


TJX Companies (The) (NYSE:TJX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $77.89 and $77.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $79.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $79.35, notching a gain of 1.98% for the day. The total traded volume was 6,330,703 . The stock had closed at $77.81 on the previous day.

Also, In the latest statement by the brokerage house, Wedbush maintains its outlook on TJX Companies (The) (NYSE:TJX). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm raises the price target from $82 per share to $84 per share. The rating by the firm was issued on August 17, 2016.

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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