Alert: Major Price Advance (4/6/20)-The TJX Companies Inc (NYSE: TJX).

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The TJX Companies Inc (NYSE: TJX) stock enjoyed a major increase of 12.6% on 4/6/20. The shares closed at $46.11. Moreover, trading volume in this advance was above average at 131% of normal. The stock has been strong relative to the market over the last nine months but has declined -1.5% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, TJX is expected to continue to be a major Value Builder.

TJX Companies has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. TJX Companies has a slightly positive Appreciation Score of 70 and a slightly positive Power Rating of 70, leading to the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 77056 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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