Analyst Price Target Update on Tractor Supply Company (NASDAQ:TSCO)

Tractor Supply Company (NASDAQ:TSCO): The mean estimate for the short term price target for Tractor Supply Company (NASDAQ:TSCO) stands at $99.24 according to 16 Analysts. The higher price target estimate for the stock has been calculated at $112 while the lower price target estimate is at $50.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Oppenheimer maintains its rating on Tractor Supply Company (NASDAQ:TSCO).The analysts at the brokerage house have a current rating of Outperform on the shares. In a recent information released to the investors, Oppenheimer raises the new price target from $92 per share to $110 per share. The rating by the firm was issued on June 10, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities,The officer (EVP Chief Financial Officer) of Tractor Supply Co /De/, Crudele Anthony F sold 18,894 shares at $96.16 on June 1, 2016. The Insider selling transaction had a total value worth of $1,816,847. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Tractor Supply Company (NASDAQ:TSCO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.6 points or 1.72% at $91.27 with 1,201,194 shares getting traded. Post opening the session at $92.86, the shares hit an intraday low of $91.07 and an intraday high of $93.1 and the price was in this range throughout the day. The company has a market cap of $12,178 million and the number of outstanding shares have been calculated to be 133,426,962 shares. The 52-week high of Tractor Supply Company (NASDAQ:TSCO) is $97.25 and the 52-week low is $75.

Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. As of December 27, 2014, it operated 1,382 retail stores in 49 states under the names Tractor Supply Company, Dels Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name It offers a portfolio of products, which include equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. Its products are offered under various brands, which include 4health, Blue Mountain, Countyline, Equistages, Groundwork, Huskee, JobSmart, Dumor, C.E. Schmidt, Paws & Claws, Producers Pride and Redstone, among others.

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