Analysts at UBS Reiterated their Past ‘Buy’ rating on Shares TJX Companies (NYSE:TJX), Set a $79.0 Price Target

September 17, 2017 - By Kurt Siggers

 Analysts at UBS Reiterated their Past ‘Buy’ rating on Shares TJX Companies (NYSE:TJX), Set a $79.0 Price Target

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.07, from 0.95 in 2016Q3. It increased, 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.

Parkwood Llc reported 0.74% stake. Maverick Capital has 40,490 shares. Peapack Gladstone stated it has 147,350 shares. Mackenzie Fincl Corp reported 9,449 shares. Prentiss Smith & holds 0.1% of its portfolio in TJX Companies Inc (NYSE:TJX) for 2,223 shares. Janus Cap Management Ltd Com reported 0.02% stake. Hbk Sorce Advisory Ltd Liability Com holds 0.08% or 5,626 shares in its portfolio. Apg Asset Management Nv holds 2.99M shares. Washington Tru owns 20,897 shares or 0.1% of their US portfolio. Gam Holdings Ag reported 103,624 shares. Cohen Lawrence B has invested 3.83% of its portfolio in TJX Companies Inc (NYSE:TJX). Moreover, First Citizens Fincl Bank And Trust has 0.11% invested in TJX Companies Inc (NYSE:TJX) for 13,193 shares. Ibm Retirement Fund has 62,460 shares for 0.21% of their portfolio. Community Natl Bank Na reported 580 shares. 18,888 were accumulated by Checchi Cap Advisers Limited Liability Com.

Since May 17, 2017, it had 0 buys, and 2 sales for $392,321 activity. Shares for $89,110 were sold by Sherr Richard.

TJX Companies (NYSE:TJX) Rating Reaffirmed

New York: In a research note sent to clients and investors on Monday, 11 September, UBS reaffirmed their Buy rating on TJX Companies (NYSE:TJX) shares. They now have a $79.0 price target on the company. UBS’s target would indicate a potential upside of 7.13 % from the company’s stock close price.

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.07, from 0.95 in 2016Q3. It increased, 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.

Parkwood Llc reported 0.74% stake. Maverick Capital has 40,490 shares. Peapack Gladstone stated it has 147,350 shares. Mackenzie Fincl Corp reported 9,449 shares. Prentiss Smith & holds 0.1% of its portfolio in TJX Companies Inc (NYSE:TJX) for 2,223 shares. Janus Cap Management Ltd Com reported 0.02% stake. Hbk Sorce Advisory Ltd Liability Com holds 0.08% or 5,626 shares in its portfolio. Apg Asset Management Nv holds 2.99M shares. Washington Tru owns 20,897 shares or 0.1% of their US portfolio. Gam Holdings Ag reported 103,624 shares. Cohen Lawrence B has invested 3.83% of its portfolio in TJX Companies Inc (NYSE:TJX). Moreover, First Citizens Fincl Bank And Trust has 0.11% invested in TJX Companies Inc (NYSE:TJX) for 13,193 shares. Ibm Retirement Fund has 62,460 shares for 0.21% of their portfolio. Community Natl Bank Na reported 580 shares. 18,888 were accumulated by Checchi Cap Advisers Limited Liability Com.

Since May 17, 2017, it had 0 buys, and 2 sales for $392,321 activity. Shares for $89,110 were sold by Sherr Richard.

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. Miller Tabak initiated the shares of TJX in report on Friday, June 24 with “Buy” rating. BB&T Capital initiated the stock with “Buy” rating in Thursday, December 17 report. The rating was maintained by Cowen & Co with “Buy” on Tuesday, August 15. On Wednesday, November 16 the stock rating was maintained by Telsey Advisory Group with “Market Perform”. BMO Capital Markets maintained TJX Companies Inc (NYSE:TJX) on Thursday, June 8 with “Buy” rating. The stock of TJX Companies Inc (NYSE:TJX) has “Buy” rating given on Wednesday, July 12 by BMO Capital Markets. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, May 17. The firm has “Neutral” rating given on Wednesday, August 16 by Credit Suisse. The company was maintained on Thursday, February 25 by Deutsche Bank. The firm has “Buy” rating given on Thursday, September 17 by M Partners.

The stock increased 0.72% or $0.53 on September 15, reaching $73.74. About 4.02M 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 earnings per share 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 Benzinga.com published article titled: “TJX Companies, Ross Stores Can Each Continue To Grow Despite Competition”, Nasdaq.com published: “TJX Companies (TJX) Up 4.3% Since Earnings Report: Can It Continue?” on September 15, 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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