In a report released today, Roxanne Meyer from MKM Partners maintained a Buy rating on TJX Companies (TJX), with a price target of $61. The company’s shares closed yesterday at $51.56.
According to TipRanks.com, Meyer is a 4-star analyst with an average return of 5.9% and a 60.5% success rate. Meyer covers the Services sector, focusing on stocks such as Burlington Stores, Tapestry Inc, and Chico’s FAS.
Currently, the analyst consensus on TJX Companies is a Moderate Buy with an average price target of $52.60, implying a 2.0% upside from current levels. In a report released yesterday, Guggenheim also maintained a Buy rating on the stock with a $57 price target.
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TJX Companies’ market cap is currently $63.58B and has a P/E ratio of 21.09. The company has a Price to Book ratio of 12.09.
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The TJX Cos., Inc. engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.
