In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on TJX Companies (TJX – Research Report), with a price target of $105.00. The company’s shares closed yesterday at $100.52.
According to TipRanks, Telsey is a 4-star analyst with an average return of 3.0% and a 45.00% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, Wolverine World Wide, and Macy’s.
In addition to Telsey Advisory, TJX Companies also received a Buy from Barclays’s Adrienne Yih in a report issued on February 23. However, on February 26, Wells Fargo maintained a Hold rating on TJX Companies (NYSE: TJX).
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TJX market cap is currently $113.3B and has a P/E ratio of 28.14.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TJX in relation to earlier this year.
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TJX Companies (TJX) Company Description:
The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashion products. It operates T.J. Maxx and Marshalls (Marmaxx), HomeGoods, Sierra, and Homesense, as well as tjmaxx.com, marshalls.com, and sierra.com, in the U.S.; Winners, HomeSense, and Marshalls (TJX Canada) in Canada; and T.K. Maxx in the U.K., Ireland, Germany, Poland, Austria, the Netherlands, and Australia, as well as Homesense in the U.K. and Ireland, and tkmaxx.com in the U.K. (TJX International).
Read More on TJX:
- TJX Earnings: TJX Companies Posts Robust Q4 Numbers; Boost Dividend by 13%
- TJX Companies (TJX) Q4 Earnings Cheat Sheet
- Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys” – 2/13/2024
- TJX price target raised to $120 from $110 at Piper Sandler
- TJX Companies Announces Executive Leadership Changes
