Breaking: UBS Maintains $79.0 TP On TJX Companies (NYSE:TJX) Shares, Maintains Their Original “Buy” Rating

September 17, 2017 - By Marry Poplack

 Breaking: UBS Maintains $79.0 TP On TJX Companies (NYSE:TJX) Shares, Maintains Their Original

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

Pacad Invest Ltd has 0.19% invested in TJX Companies Inc (NYSE:TJX) for 19,700 shares. Sawgrass Asset Management Ltd Liability Co has invested 1.96% in TJX Companies Inc (NYSE:TJX). 352,656 were reported by Metropolitan Life Ins Ny. Paloma Partners stated it has 178,614 shares or 0.13% of all its holdings. Primecap Mngmt Ca stated it has 12.27 million shares. Nebraska-based Cls Invests Ltd Limited Liability Company has invested 0% in TJX Companies Inc (NYSE:TJX). Piedmont Advisors Limited Liability Co reported 139,062 shares or 0% of all its holdings. Renaissance Invest Gru Ltd Co, Massachusetts-based fund reported 72,300 shares. Fuller Thaler Asset Mgmt Incorporated accumulated 8,100 shares. Amer Gru accumulated 302,862 shares. First Western Cap Mngmt owns 57,681 shares. Private Advisor Gp Llc holds 30,156 shares or 0.08% of its portfolio. Sarasin And Partners Ltd Liability Partnership holds 332,666 shares. 371,662 were accumulated by Welch & Forbes Ltd Liability. Tiaa Cref Inv Mgmt stated it has 2.84 million shares.

Since May 17, 2017, it had 0 insider purchases, and 2 insider sales for $392,321 activity. $303,211 worth of TJX Companies Inc (NYSE:TJX) was sold by Canestrari Kenneth.

TJX Companies (NYSE:TJX) Rating Reaffirmed

In an analyst note shared with investors on Monday morning, The “Buy” rating of TJX Companies (NYSE:TJX) shares was reaffirmed by UBS, who now has a $79.0 TP on the stock. UBS’s TP suggests a possible upside of 7.13 % from the last stock close price of the company.

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

Pacad Invest Ltd has 0.19% invested in TJX Companies Inc (NYSE:TJX) for 19,700 shares. Sawgrass Asset Management Ltd Liability Co has invested 1.96% in TJX Companies Inc (NYSE:TJX). 352,656 were reported by Metropolitan Life Ins Ny. Paloma Partners stated it has 178,614 shares or 0.13% of all its holdings. Primecap Mngmt Ca stated it has 12.27 million shares. Nebraska-based Cls Invests Ltd Limited Liability Company has invested 0% in TJX Companies Inc (NYSE:TJX). Piedmont Advisors Limited Liability Co reported 139,062 shares or 0% of all its holdings. Renaissance Invest Gru Ltd Co, Massachusetts-based fund reported 72,300 shares. Fuller Thaler Asset Mgmt Incorporated accumulated 8,100 shares. Amer Gru accumulated 302,862 shares. First Western Cap Mngmt owns 57,681 shares. Private Advisor Gp Llc holds 30,156 shares or 0.08% of its portfolio. Sarasin And Partners Ltd Liability Partnership holds 332,666 shares. 371,662 were accumulated by Welch & Forbes Ltd Liability. Tiaa Cref Inv Mgmt stated it has 2.84 million shares.

Since May 17, 2017, it had 0 insider purchases, and 2 insider sales for $392,321 activity. $303,211 worth of TJX Companies Inc (NYSE:TJX) was sold by Canestrari Kenneth.

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. On Thursday, September 7 the stock rating was upgraded by Northcoast to “Buy”. The company was maintained on Tuesday, August 15 by BMO Capital Markets. Telsey Advisory Group maintained TJX Companies Inc (NYSE:TJX) on Wednesday, November 16 with “Market Perform” rating. The rating was maintained by Credit Suisse with “Neutral” on Wednesday, August 16. Bernstein maintained the stock with “Outperform” rating in Wednesday, May 18 report. On Wednesday, August 16 the stock rating was maintained by Nomura with “Buy”. The rating was maintained by Wedbush on Thursday, February 25 with “Outperform”. The stock of TJX Companies Inc (NYSE:TJX) earned “Hold” rating by Credit Suisse on Wednesday, August 2. The firm has “Market Perform” rating by Telsey Advisory Group given on Thursday, February 25. The firm earned “Outperform” rating on Thursday, October 22 by Wells Fargo.

The stock increased 0.72% or $0.53 on September 15, reaching $73.74. About 4.02 million 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.

Analysts await TJX Companies Inc (NYSE:TJX) to report earnings on November, 21. They expect $1.00 EPS, up 9.89 % or $0.09 from last year’s $0.91 per share. TJX’s profit will be $636.29 million for 18.44 P/E if the $1.00 EPS becomes a reality. After $0.85 actual EPS reported by TJX Companies Inc for the previous quarter, Wall Street now forecasts 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”, Businesswire.com published: “The TJX Companies, Inc. Announces Quarterly Common Stock Dividend” on September 15, 2017. More interesting news about TJX Companies Inc (NYSE:TJX) was released by: Nasdaq.com and their article: “TJX Companies (TJX) Up 4.3% Since Earnings Report: Can It Continue?” with publication date: September 15, 2017.

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