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TJX Companies (TJX) Stock Forecast & Price Target

$101.42
-0.72 (-0.70%)
(As of 04:10 PM ET)

TJX Companies - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 18 Analyst Ratings

Consensus Price Target

$110.05
8.51% Upside
High Forecast$134.00
Average Forecast$110.05
Low Forecast$92.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$110.05$102.65$100.44$86.40
Forecasted Upside8.51% Upside12.08% Upside11.70% Upside11.54% Upside
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TJX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TJX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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TJX Companies Stock vs. The Competition

TypeTJX CompaniesRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.89
2.41
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside7.94% Upside43.34% Upside9.86% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$115.00 ➝ $120.00+19.20%
5/23/2024Barclays
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 Boost TargetOverweight ➝ Overweight$109.00 ➝ $114.00+13.16%
5/23/2024UBS Group
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 Boost TargetBuy ➝ Buy$132.00 ➝ $134.00+34.57%
5/23/2024Telsey Advisory Group
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 Boost TargetOutperform ➝ Outperform$112.00 ➝ $115.00+13.73%
5/23/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$110.00 ➝ $113.00+11.75%
5/21/2024Evercore ISI
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 Set Target$113.00+15.57%
5/21/2024Deutsche Bank Aktiengesellschaft
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 Set Target$114.00+16.59%
5/17/2024TD Cowen
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 Boost TargetBuy ➝ Buy$119.00 ➝ $120.00+21.13%
4/25/2024The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$100.00 ➝ $110.00+15.45%
2/29/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$95.00 ➝ $110.00+8.81%
2/5/2024Redburn Atlantic
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 DowngradeBuy ➝ Neutral$100.00+2.55%
11/16/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$99.00 ➝ $101.00+12.92%
9/11/2023Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$88.00 ➝ $92.00+0.60%
9/6/2023Loop Capital
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 Boost TargetBuy ➝ Buy$100.00 ➝ $105.00+14.62%
8/17/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$104.00 ➝ $105.00+17.71%
8/17/2023Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$105.00 ➝ $110.00+23.17%
8/17/2023Citigroup
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 Boost TargetBuy ➝ Buy$90.00 ➝ $103.00+15.33%
8/17/2023Bank of America
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 Boost TargetBuy ➝ Buy$94.00 ➝ $102.00+14.21%
6/29/2023Piper Sandler
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 Initiated CoverageOverweight$110.00+33.11%
2/23/2023Credit Suisse Group
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 Boost TargetOutperform$85.00 ➝ $89.00+15.79%
12/6/2022Cowen
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 Boost Target$84.00 ➝ $85.00+6.92%
11/10/2022Gordon Haskett
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 UpgradeHold ➝ Buy$80.00+14.16%
8/17/2022William Blair
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D. Carden
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:50 PM ET.

TJX Frequently Asked Questions

What is TJX Companies's stock forecast and purchase recommendation?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for TJX Companies is $110.05, with a high forecast of $134.00 and a low forecast of $92.00. The consensus rating for TJX Companies stock is Moderate Buy based on the current 2 hold ratings and 16 buy ratings for TJX. Learn more on TJX's analyst rating history.

Do Wall Street analysts like TJX Companies more than its competitors?

Analysts like TJX Companies more than other "retail/wholesale" companies. The consensus rating for TJX Companies is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how TJX compares to other companies.

Is TJX Companies being upgraded by Wall Street analysts?

Over the previous 90 days, TJX Companies's stock had 2 upgrades by analysts.

Does TJX Companies's stock price have much upside?

According to analysts, TJX Companies's stock has a predicted upside of 16.23% based on their 12-month stock forecasts.

What analysts cover TJX Companies?

Stock Forecasts and Research Tools

This page (NYSE:TJX) was last updated on 5/28/2024 by MarketBeat.com Staff

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