Tractor Supply Company (TSCO) Receives Price Target

Tractor Supply Company (TSCO) : The highest level Tractor Supply Company (TSCO) is projected to reach is $110 for the short term and the lowest estimate is at $50. The consolidated price target from 15 rating analysts who initiate coverage on the stock is $99.5 and the possibility the share price can swing is $14.51.

Tractor Supply Company (TSCO) : The consensus on Tractor Supply Company (TSCO) based on 18 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 12 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.


Also, Major Brokerage house, JP Morgan maintains its ratings on Tractor Supply Company (NASDAQ:TSCO). In the latest research report, JP Morgan lowers the target price from $105 per share to $103 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on June 30, 2016.

Tractor Supply Company (NASDAQ:TSCO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.47 and $83.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $84.52. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.08, notching a gain of 0.15% for the day. The total traded volume was 737,253 . The stock had closed at $83.95 on the previous day.

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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