The Container Store Group Inc. (TCS) Trading Down 3.7%
The Container Store Group Inc. (NYSE:TCS) fell 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. The stock had previously closed at $5.87.
Several research firms have recently issued reports on TCS. Zacks Investment Research lowered shares of The Container Store Group from a “hold” rating to a “strong sell” rating in a report on Thursday, April 28th. Jefferies Group restated a “hold” rating on shares of The Container Store Group in a report on Tuesday, April 26th. Finally, Goldman Sachs Group Inc. raised their target price on shares of The Container Store Group from $5.75 to $7.50 and gave the stock a “neutral” rating in a report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.39.
The company has a 50-day moving average of $5.41 and a 200-day moving average of $5.46. The company has a market cap of $265.36 million and a P/E ratio of 51.68.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.