Today UBS Keeps a Buy Rating on TJX Companies (NYSE:TJX) and a $79.0 Target Price

September 17, 2017 - By Linda Rogers

 Today UBS Keeps a Buy Rating on TJX Companies (NYSE:TJX) and a $79.0 Target Price

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.07, from 0.95 in 2016Q3. It is positive, as 55 investors sold TJX Companies Inc shares while 372 reduced holdings. 99 funds opened positions while 335 raised stakes. 553.24 million shares or 0.41% more from 550.99 million shares in 2016Q3 were reported.

The Massachusetts-based Ngam Advsrs Lp has invested 0.18% in TJX Companies Inc (NYSE:TJX). Tyvor Cap stated it has 0.46% of its portfolio in TJX Companies Inc (NYSE:TJX). Pnc Services Gp reported 294,783 shares or 0.03% of all its holdings. Group Incorporated owns 302,862 shares for 0.09% of their portfolio. Marco Inv Mgmt Limited Liability Company accumulated 10,870 shares. The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.26% in TJX Companies Inc (NYSE:TJX). Prelude Limited Liability Corporation accumulated 0.11% or 12,331 shares. Public Employees Retirement Association Of Colorado holds 0.42% or 697,162 shares. Moreover, Berkshire Asset Mgmt Ltd Liability Com Pa has 0.04% invested in TJX Companies Inc (NYSE:TJX) for 4,352 shares. Van Eck accumulated 69,709 shares or 0.03% of the stock. Petrus Com Lta accumulated 190,800 shares or 3.52% of the stock. Bath Savings holds 4.5% of its portfolio in TJX Companies Inc (NYSE:TJX) for 194,469 shares. Florida-based Naples Global Advisors Lc has invested 0.09% in TJX Companies Inc (NYSE:TJX). 669,000 were reported by Sentinel Asset Mgmt. Tompkins Fincl Corporation invested in 0.62% or 31,397 shares.

Since May 17, 2017, it had 0 insider buys, and 2 selling transactions for $392,321 activity. 1,179 shares were sold by Sherr Richard, worth $89,110.

TJX Companies (NYSE:TJX) Rating Reaffirmed

The company has just set a PT of $79.0 on TJX Companies (NYSE:TJX) shares. This is 7.13 % from the current price. In an analyst report issued on Monday, 11 September, UBS restate their Buy rating on shares of TJX.

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.07, from 0.95 in 2016Q3. It is positive, as 55 investors sold TJX Companies Inc shares while 372 reduced holdings. 99 funds opened positions while 335 raised stakes. 553.24 million shares or 0.41% more from 550.99 million shares in 2016Q3 were reported.

The Massachusetts-based Ngam Advsrs Lp has invested 0.18% in TJX Companies Inc (NYSE:TJX). Tyvor Cap stated it has 0.46% of its portfolio in TJX Companies Inc (NYSE:TJX). Pnc Services Gp reported 294,783 shares or 0.03% of all its holdings. Group Incorporated owns 302,862 shares for 0.09% of their portfolio. Marco Inv Mgmt Limited Liability Company accumulated 10,870 shares. The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.26% in TJX Companies Inc (NYSE:TJX). Prelude Limited Liability Corporation accumulated 0.11% or 12,331 shares. Public Employees Retirement Association Of Colorado holds 0.42% or 697,162 shares. Moreover, Berkshire Asset Mgmt Ltd Liability Com Pa has 0.04% invested in TJX Companies Inc (NYSE:TJX) for 4,352 shares. Van Eck accumulated 69,709 shares or 0.03% of the stock. Petrus Com Lta accumulated 190,800 shares or 3.52% of the stock. Bath Savings holds 4.5% of its portfolio in TJX Companies Inc (NYSE:TJX) for 194,469 shares. Florida-based Naples Global Advisors Lc has invested 0.09% in TJX Companies Inc (NYSE:TJX). 669,000 were reported by Sentinel Asset Mgmt. Tompkins Fincl Corporation invested in 0.62% or 31,397 shares.

Since May 17, 2017, it had 0 insider buys, and 2 selling transactions for $392,321 activity. 1,179 shares were sold by Sherr Richard, worth $89,110.

TJX Companies Inc (NYSE:TJX) Ratings Coverage

Among 26 analysts covering The TJX Companies (NYSE:TJX), 22 have Buy rating, 0 Sell and 4 Hold. Therefore 85% are positive. The TJX Companies has $92 highest and $7200 lowest target. $83.38’s average target is 13.07% above currents $73.74 stock price. The TJX Companies had 49 analyst reports since August 10, 2015 according to SRatingsIntel. Wedbush maintained TJX Companies Inc (NYSE:TJX) on Wednesday, August 17 with “Outperform” rating. S&P Research maintained the stock with “Buy” rating in Wednesday, August 19 report. The rating was maintained by Telsey Advisory Group with “Market Perform” on Wednesday, November 16. On Wednesday, October 7 the stock rating was initiated by Citigroup with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Monday, July 24. RBC Capital Markets maintained it with “Buy” rating and $7900 target in Monday, June 19 report. The firm earned “Outperform” rating on Tuesday, February 2 by BMO Capital Markets. The stock of TJX Companies Inc (NYSE:TJX) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 16. As per Thursday, September 17, the company rating was upgraded by M Partners. RBC Capital Markets initiated TJX Companies Inc (NYSE:TJX) rating on Friday, November 6. RBC Capital Markets has “Outperform” rating and $82 target.

The stock increased 0.72% or $0.53 on September 15, reaching $73.74. About 4.02 million shares traded. TJX Companies Inc (NYSE:TJX) has declined 2.02% since September 17, 2016 and is downtrending. It has underperformed by 18.72% the S&P500.

Wall Street await TJX Companies Inc (NYSE:TJX) to release earnings on November, 21. Analysts forecast EPS of $1.00, up exactly $0.09 or 9.89 % from 2014’s $0.91 EPS. The expected TJX’s profit could reach $636.29M giving the stock 18.44 P/E in the case that $1.00 earnings per share is reported. After posting $0.85 EPS for the previous quarter, TJX Companies Inc’s analysts now forecast 17.65 % EPS growth.

The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the United States and across the world. The company has market cap of $46.92 billion. The Firm operates through four divisions: Marmaxx, HomeGoods, TJX Canada and TJX International. It has a 20.87 P/E ratio. T.J.

More important recent TJX Companies Inc (NYSE:TJX) news were published by: Seekingalpha.com which released: “TJX Rally Is No More” on August 22, 2017, also Nasdaq.com published article titled: “TJX Companies (TJX) Up 4.3% Since Earnings Report: Can It Continue?”, Benzinga.com published: “TJX Companies, Ross Stores Can Each Continue To Grow Despite Competition” on September 12, 2017. More interesting news about TJX Companies Inc (NYSE:TJX) was released by: Businesswire.com and their article: “The TJX Companies, Inc. Announces Quarterly Common Stock Dividend” with publication date: September 15, 2017.

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