On a relative basis, the stock has outperformed the S&P 500 by 1.31% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.32% in the last 1 week, and is up 3.82% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TJX Companies (The) (NYSE:TJX): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.61 and $81.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $81.98, notching a gain of 0.85% for the day. The total traded volume was 2,616,564 . The stock had closed at $81.29 on the previous day.
The stock has recorded a 20-day Moving Average of 2.62% and the 50-Day Moving Average is 5.44%. The TJX Companies, Inc. is up 7.37% in the last 3-month period. Year-to-Date the stock performance stands at 16.36%.
TJX Companies (The) (TJX) : The consensus price target for TJX Companies (The) (TJX) is $83.33 for the short term with a standard deviation of $4.89. The most optimist securities analyst among the 15 who monitor the stock believes that the stock can reach $92, however, the pessimist price target for the company is $73.
The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX Europe. The Marmaxx and HomeGoods business offers family apparel, home fashions, accent furniture, lamps, rugs, wall decor, decorative accessories and giftware and other merchandise. The TJX Canada offers jewelry and home fashions. TJX Europe operates the T.K. Maxx and HomeSense chains in Europe. The Company operates approximately 3,461 stores in countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria and Australia.