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TJX Companies (TJX) Stock Forecast & Price Target

$114.30
+0.36 (+0.32%)
(As of 07/12/2024 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

Consensus Price Target

$111.50
-2.45% Downside
High Forecast$134.00
Average Forecast$111.50
Low Forecast$92.00
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
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
15 Buy rating(s)
16 Buy rating(s)
12 Buy rating(s)
15 Buy rating(s)
Hold
2 Hold rating(s)
2 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$111.50$110.37$102.19$89.75
Forecasted Upside-2.45% Downside16.32% Upside11.86% Upside14.28% 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
2.88
2.46
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-2.45% Downside53.52% Upside9.20% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/3/2024Loop Capital
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 Boost TargetBuy ➝ Buy$115.00 ➝ $125.00+13.23%
6/3/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$110.00 ➝ $116.00+10.75%
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%
2/5/2024Redburn 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%
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 Sunday at 03:58 PM ET.

TJX Forecast - Frequently Asked Questions

What is TJX Companies' forecast for 2024?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for TJX Companies is $111.50, with a high forecast of $134.00 and a low forecast of $92.00.

Should I buy or sell TJX Companies stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 2 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TJX shares.

Does TJX Companies's stock price have much upside?

According to analysts, TJX Companies's stock has a predicted upside of 15.36% based on their 12-month stock forecasts.

Has TJX Companies been upgraded by Wall Street analysts recently?

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

What analysts cover TJX Companies?
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.


This page (NYSE:TJX) was last updated on 7/14/2024 by MarketBeat.com Staff

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