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TJX Companies, Inc. (The)

TJX · NYSE

Analyst Consensus

Buy

23 analysts

$126

Current

—

Low

$175

Average

—

High

Average target implies +38.78% versus the current price.

Analyst Ratings Synthesis

The consensus is Buy, backed by 23 analysts, with a mean price target of $178. The supplied consensus does not provide low or high targets, so the target cluster and total spread cannot be measured; the most and least bullish analysts are likewise not identifiable. UBS was the clearest named voice in the week's coverage, expecting in-line second-quarter EPS and a full-year guidance increase, but no explicit price-target revision was supplied. The substantive disagreement is therefore between confidence in TJX's steady earnings, trading-down benefits and possible guidance increase, and concern that the shares are already expensive. No attributable rating changes or target revisions over the week are stated.

Rating Actions

No individual rating actions have been captured for TJXyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

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CITIGROUP

CLEVELAND RESEA

CO FORECST

DEUTSCHE BK SEC

EDWARD JONES

EVERCORE ISI

GOLDMAN SACHS

JEFFERIES & CO.

JP MORGAN SECUR

LOOP CAPITAL MK

MORGAN STANLEY

PIPER SANDLER

SANFORD BERNSTE

TD COWEN

TELSEY ADVISORY

UBS

WELLS FARGO SEC

WILLIAM BLAIR

ZACKS RESEARCH

Symbol: TJX
Type: Stock
Sector: Consumer Discretionary
Industry: Retail-Family Clothing Stores
Exchange: NYSE

The TJX Companies, Inc., a Fortune 100 company, is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. Our mission is to deliver great value to customers every day. We do this by offering a rapidly changing assortment of quality, fashionable, brand name, and designer merchandise at prices generally 20% to 60% below full-price retailers' regular prices on comparable merchandise. We operate over 5,200 stores across ten countries, including TJ Maxx, Marshalls, HomeGoods, Homesense, and Sierra in the U.S.; Winners, HomeSense, and Marshalls in Canada; TK Maxx and Homesense in Europe; and TK Maxx in Australia. We also operate e-commerce sites for TJ Maxx, Marshalls, and Sierra in the U.S. and three sites for TK Maxx in Europe. Our value mission extends to our corporate responsibility efforts, which are focused on supporting our Associates, giving back in the communities we serve, the environment, and operating responsibly.

Key Issues

Bullish view

The Globe and Mail framed TJX as potentially positioned for a second-quarter beat, while UBS described sales momentum as acceptable ahead of the release. These signals support upside if traffic, merchandise availability or margins exceed the in-line setup.

Bearish view

UBS expected in-line second-quarter EPS rather than an upside surprise. With the pre-release debate already centered on an in-line result, a routine report may not provide enough incremental support for the shares.

Analyst Consensus

See all

Buy

23 analysts

$126

Current

—

Low

$175

Average

—

High

Average target implies +38.78% versus the current price.

Earnings History

BeatMissNo estimate

TJX Companies, Inc. (The)

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers