The Container Store Group Inc. (TCS) Stock Price Up 6.2%
The Container Store Group Inc. (NYSE:TCS)’s share price rose 6.2% on Friday . The stock traded as high as $5.65 and last traded at $5.63, with a volume of 73,690 shares. The stock had previously closed at $5.30.
TCS has been the subject of several research reports. Jefferies Group reaffirmed a “hold” rating on shares of The Container Store Group in a research note on Tuesday, April 26th. Goldman Sachs Group Inc. raised their target price on shares of The Container Store Group from $5.75 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, April 26th. Finally, Zacks Investment Research raised shares of The Container Store Group from a “strong sell” rating to a “buy” rating and set a $8.50 target price for the company in a research note on Friday, April 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $10.39.
The company has a market capitalization of $265.36 million and a PE ratio of 51.68. The company has a 50-day moving average price of $5.47 and a 200-day moving average price of $5.48.
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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