TJX Companies (The) (TJX) Receives Price Target

TJX Companies (The) (TJX) : The consensus price target for TJX Companies (The) (TJX) is $83.77 for the short term with a standard deviation of $5.05. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $92, however, the pessimist price target for the company is $75.

TJX Companies (The) (TJX) has an average broker rating of 1.44, which is interpreted as a Strong Buy, as rated by 16 equity analysts. Nonetheless, 12 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 3 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.


Also, Equity analysts at the Brokerage firm Wedbush maintains its rating on TJX Companies (The) (NYSE:TJX). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Wedbush raises the price target from $82 per share to $84 per share. The rating by the firm was issued on August 17, 2016.

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 $77.64 and $76.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.73, notching a gain of 0.37% for the day. The total traded volume was 3,411,835 . The stock had closed at $77.44 on the previous day.

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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