Is TJX Companies Running Out of Steam or Taking a Breather?
For the first time in eight years, TJX Companies (NYSE: TJX) failed to report higher comparable sales. Although it reported higher sales and profits companywide, the discount retailer's stock was still punished as worries rose that the malaise afflicting the rest of the retail industry is finally catching up to TJX.
With shares of the retailer leader down 12% from recent highs, let's take a closer look at whether TJX Companies is running out of steam or just taking a breather.
Image source: Getty Images.
Source: Fool.com
TJX Companies Inc. Stock
€106.08
-1.130%
With 29 Buy predictions and not a single Sell prediction TJX Companies Inc. is an absolute favorite of our community.
As a result the target price of 113 € shows a slightly positive potential of 6.52% compared to the current price of 106.08 € for TJX Companies Inc..
