The Container Store Group Inc. (TCS) Shares Down 3.7%
The Container Store Group Inc. (NYSE:TCS) shares were down 3.7% during mid-day trading on Thursday . The stock traded as low as $5.62 and last traded at $5.65, with a volume of 154,552 shares traded. The stock had previously closed at $5.87.
Several research analysts recently issued reports on TCS shares. Jefferies Group reiterated a “hold” rating on shares of The Container Store Group in a research note on Tuesday, April 26th. Zacks Investment Research upgraded shares of The Container Store Group from a “strong sell” rating to a “buy” rating and set a $8.50 price target for the company in a research note on Friday, April 29th. Finally, Goldman Sachs Group Inc. increased their price target on shares of The Container Store Group from $5.75 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, April 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The Container Store Group currently has a consensus rating of “Hold” and an average target price of $10.39.
The company has a market cap of $271.12 million and a PE ratio of 52.80. The stock’s 50 day moving average price is $5.40 and its 200 day moving average price is $5.46.
The Container Store Group, Inc is a specialty retailer of storage and organization products in the United States. The Company is the original storage and organization specialty retailer. The Company operates in two segments: TCS and Elfa. TCS segment consists of its retail stores, ebsite and call center.
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