Oppenheimer Boosts TJX Companies Earnings Estimates (TJX)

By admin | 6 years ago

Investment analysts at Oppenheimer (NYSE: OPY) raised their earnings per share estimates on shares of TJX Companies (NYSE: TJX) in a note issued to investors on Wednesday. The firm currently has a “market perform” rating on the company’s shares.

Shares of 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 P/E ratio of 21.98.

TJX Companies last announced its 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. TJX Companies’s revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that TJX Companies will post $0.61 earnings per share next quarter.

TJX has been the subject of a number of other recent research reports. 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. Separately, analysts at Jefferies & Co upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research note to investors on Tuesday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of TJX Companies in a research note to investors on Friday, May 4th. They now have a $45.00 price target on the stock.

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

About the author