TJX Companies (The) with ticker code (TJX) have now 23 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 98 and 70 with the average target price sitting at 86.48. Given that the stocks previous close was at 69.81 this indicates there is a potential upside of 23.9%. The day 50 moving average is 72.27 and the 200 day MA is 69.46. The company has a market cap of $85,147m. Company Website: https://www.tjx.com
The potential market cap would be $105,480m based on the market concensus.
The TJX Companies, together with its subsidiaries, 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, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; fine jewelry and accessories; and other merchandise. As of March 30, 2021, it operated 1,271 T.J. Maxx, 1,131 Marshalls, 821 HomeGoods, 48 Sierra, and 34 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 280 Winners, 143 HomeSense, and 102 Marshalls stores in Canada; 602 T.K. Maxx and 78 Homesense stores, as well as tkmaxx.com in Europe; and 62 T.K. Maxx stores in Australia. The company was founded in 1956 and is headquartered in Framingham, Massachusetts.
