Goldman Sachs Reaffirms Neutral Rating on TJX Companies (TJX)

By admin | 6 years ago

TJX Companies (NYSE: TJX)‘s stock had its “neutral” rating reiterated by equities research analysts at Goldman Sachs (NYSE: GS) in a research note issued to investors on Wednesday.

A number of other firms have also recently commented on TJX. Analysts at UBS AG (NYSE: UBS) raised their price target on shares of TJX Companies to $47.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Oppenheimer (NYSE: OPY) raised their EPS on shares of TJX Companies in a research note to investors on Wednesday. They now have a “market perform” rating on the stock. Finally, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of TJX Companies to $47.00 in a research note to investors on Wednesday.

TJX Companies opened at 42.43 on Wednesday. TJX Companies has a 52-week low of $24.60 and a 52-week high of $42.81. The company has a market cap of $31.683 billion and a price-to-earnings ratio of 21.98.

TJX Companies last posted its quarterly earnings results on Tuesday, May 15th. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.01. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts predict that TJX Companies will post $0.61 earnings per share next quarter.

The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions retailer in the United States and worldwide.

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