In a report released today, Zachary Fadem from Wells Fargo maintained a Buy rating on Tractor Supply (TSCO), with a price target of $115.00. The company’s shares closed last Monday at $98.13.
According to TipRanks.com, Fadem is a 5-star analyst with an average return of 12.7% and a 69.5% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.
Tractor Supply has an analyst consensus of Strong Buy, with a price target consensus of $112.00, representing a 14.3% upside. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $120.00 price target.
See today’s analyst top recommended stocks >>
Based on Tractor Supply’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $219 million. In comparison, last year the company had a net profit of $117 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tractor Supply Co. engages in the retail sale of farm and ranch products. It operates retail farm & ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The firm operates the retail stores under the names: Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense.
