RBC Capital analyst Kate Fitzsimons maintained a Buy rating on TJX Companies (TJX) on May 15 and set a price target of $48.00. The company’s shares closed last Friday at $47.17.
According to TipRanks.com, Fitzsimons ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -24.9% and a 25.6% success rate. Fitzsimons covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Lululemon Athletica, and Abercrombie Fitch.
TJX Companies has an analyst consensus of Strong Buy, with a price target consensus of $62.17, implying a 42.2% upside from current levels. In a report issued on May 1, Barclays also maintained a Buy rating on the stock with a $60.00 price target.
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The company has a one-year high of $64.95 and a one-year low of $32.72. Currently, TJX Companies has an average volume of 11.22M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TJX in relation to earlier this year.
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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 International. The Marmaxx segment sells family apparel including footwear and accessories; and home fashions including home basics, decorative accessories, giftware, and other merchandise. The HomeGoods segment offers an assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware as well as expanded pet, kids and gourmet food departments. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. The TJX International segment includes the T.K. Maxx and HomeSense chains in Europe, and T.K. Maxx chain in Australia. The company was founded by Stanley Harris Feldberg and Sumner L. Feldberg in 1956 and is headquartered in Framingham, MA.