TJX Companies Stock Rating Reaffirmed by BMO Capital Markets (TJX)
TJX Companies (NYSE: TJX)‘s stock had its “market perform” rating reaffirmed by research analysts at BMO Capital Markets in a report released on Thursday. They currently have a $42.00 target price on the stock.
Shares of TJX Companies traded up 0.36% during mid-day trading on Thursday, hitting $45.18. TJX Companies has a 52 week low of $37.65 and a 52 week high of $46.67. The stock’s 50-day moving average is currently $44.. The company has a market cap of $33.339 billion and a P/E ratio of 17.65.
TJX Companies last released its earnings data on Wednesday, February 27th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.01. The company had revenue of $7.70 billion for the quarter, compared to the consensus estimate of $7.65 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. TJX Companies has set its Q1 guidance at $0.59-0.62 EPS and its FY14 guidance at $2.66-2.78 EPS. Analysts expect that TJX Companies will post $2.81 EPS for the current fiscal year.
A number of other firms have also recently commented on TJX. Analysts at Barclays Capital initiated coverage on shares of TJX Companies in a research note to investors on Tuesday. They set an “overweight” rating and a $55.00 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of TJX Companies in a research note to investors on Friday, March 8th. They now have a $51.00 price target on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of TJX Companies in a research note to investors on Thursday, March 7th.
Fifteen investment analysts have rated the stock with a buy rating, four have issued an overweight rating, and eleven have given a hold rating to the company’s stock. The company currently has an average rating of “overweight” and a consensus target price of $49.82.
The TJX Companies, Inc. (TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.
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