Stocklytics Platform
Asset logo for symbol TJX
TJX Cos
TJX68
$123.49arrow_drop_up1.27%$1.54
High Quality
S&P500
Asset logo for symbol TJX
TJX68

$123.49

arrow_drop_up1.27%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

TJX Cos (TJX) Stocklytics Forecast

The stock price of TJX Cos Inc-The (TJX) has been the subject of much speculation and prediction in recent months. Investors and analysts alike are eager to forecast the future performance of this retail giant. While it is always difficult to predict the exact trajectory of a stock, there are several factors that suggest TJX may be a good buy. First, the company has a strong track record of consistent growth. Over the past five years, TJX has delivered solid earnings growth and has consistently outperformed its competitors. Second, the company's business model is well-positioned for success in the current retail environment. TJX operates a highly efficient supply chain and has a vast network of stores, allowing it to quickly adapt to changing consumer preferences. Third, TJX has a loyal customer base and strong brand recognition. The company offers a wide range of products at discounted prices, making it an attractive option for value-conscious consumers. Finally, TJX has a strong financial position, with ample liquidity and a manageable debt load. These factors combined suggest that TJX stock could be a good investment for the long term.
While the future performance of TJX stock is uncertain, there are several factors that could impact its price in the coming years. First, the overall strength of the economy will play a significant role. A robust economy generally leads to increased consumer spending, which could benefit TJX. Conversely, a recession or economic downturn could dampen consumer confidence and result in lower sales for the company. Second, changes in consumer behavior and preferences could impact TJX's performance. As the retail industry continues to evolve, TJX will need to stay ahead of trends and adapt its product offerings accordingly. Third, competition within the retail sector could impact TJX's market share and profitability. The company faces competition from both traditional brick-and-mortar retailers and online e-commerce giants. Finally, geopolitical and global economic factors could have an impact on TJX stock. Trade tensions, political instability, and currency fluctuations all have the potential to affect the company's operations and financial performance. While it is impossible to predict the exact impact of these factors, they should be considered when evaluating the potential future performance of TJX stock.
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Frequently Asked Questions

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What is the analyst price prediction for TJX Cos (TJX) stock?

Analysts have set a target price of $100.11 for TJX Cos (TJX), based on forecasts from 28 analysts. The predicted price range extends from a high of $112 to a low of $88. This represents a potential increase of up to -9.3% and a decrease of -28.74% from the current price of $123.49. These forecasts are as of 2023 Aug 15.
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What are the analyst ratings for TJX Cos (TJX) stock?

The analyst ratings for TJX Cos (TJX) are distributed as follows: 20 analysts recommend buying, 4 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 25 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering TJX Cos.
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What is the AI price prediction for TJX Cos (TJX) stock?

At present, there is no AI or machine-learning-based price prediction available for TJX Cos (TJX) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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