Barclays assumed coverage on shares of TJX Companies (NYSE:TJX) in a research note released on Tuesday, Marketbeat reports. The firm issued an equal weight rating and a $117.00 price target on the apparel and home fashions retailer’s stock.

Several other equities analysts have also recently commented on the company. Goldman Sachs Group started coverage on TJX Companies in a research report on Monday, September 3rd. They set a buy rating and a $126.00 target price for the company. Deutsche Bank boosted their target price on TJX Companies from $100.00 to $105.00 and gave the stock a buy rating in a research report on Monday, August 20th. Zacks Investment Research upgraded TJX Companies from a hold rating to a buy rating and set a $109.00 target price for the company in a research report on Tuesday, July 24th. Nomura boosted their target price on TJX Companies from $97.00 to $100.00 and gave the stock a buy rating in a research report on Monday, June 4th. Finally, Buckingham Research boosted their target price on TJX Companies from $100.00 to $112.00 and gave the stock a buy rating in a research report on Monday, August 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have assigned a buy rating to the stock. TJX Companies presently has an average rating of Buy and a consensus target price of $104.92.

Shares of NYSE TJX opened at $108.77 on Tuesday. TJX Companies has a fifty-two week low of $66.44 and a fifty-two week high of $111.91. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 0.77. The firm has a market capitalization of $68.46 billion, a PE ratio of 26.65, a P/E/G ratio of 2.12 and a beta of 0.73.

TJX Companies (NYSE:TJX) last posted its earnings results on Tuesday, August 21st. The apparel and home fashions retailer reported $1.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.12. TJX Companies had a return on equity of 58.66% and a net margin of 7.88%. The business had revenue of $9.33 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The firm’s revenue was up 11.6% on a year-over-year basis. equities research analysts predict that TJX Companies will post 4.91 earnings per share for the current year.

A number of hedge funds have recently modified their holdings of TJX. Moody Aldrich Partners LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $57,774,000. Cornerstone Advisors Inc. lifted its stake in shares of TJX Companies by 280.2% in the 2nd quarter. Cornerstone Advisors Inc. now owns 1,114 shares of the apparel and home fashions retailer’s stock valued at $106,000 after acquiring an additional 821 shares during the last quarter. Icon Wealth Partners LLC bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $106,000. City Holding Co. bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $114,000. Finally, North Star Investment Management Corp. bought a new stake in shares of TJX Companies in the 2nd quarter valued at about $114,000. 90.08% of the stock is owned by hedge funds and other institutional investors.

About TJX Companies

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall d├ęcor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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Analyst Recommendations for TJX Companies (NYSE:TJX)

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