KD Logo

TJX Companies, Inc (TJX) receives an Outperform rating from Telsey Advisory Group

TJX Companies, Inc’s recent filing unveils that its CEO & President Herrman Ernie unloaded Company’s shares for reported $2.88 million on Mar 05 ’25. In the deal valued at $123.03 per share,23,428 shares were sold. As a result of this transaction, Herrman Ernie now holds 484,189 shares worth roughly $56.95 million.

Then, Herrman Ernie bought 23,428 shares, generating $2,852,125 in total proceeds.

Before that, BENNETT ALAN M sold 8,000 shares. TJX Companies, Inc shares valued at $988,254 were divested by the Director at a price of $123.53 per share. As a result of the transaction, BENNETT ALAN M now holds 0 shares, worth roughly $0.0.

Telsey Advisory Group reiterated its TJX Companies, Inc [TJX] rating to an Outperform in a research note published on August 22, 2024; the price target was $134. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late August from “a Buy” to “a Neutral”. Telsey Advisory Group also remained covering TJX and reiterated its “an Outperform” recommendation on August 14, 2024. UBS revised its rating on May 02, 2024. It rated TJX as “a Buy” which previously was an “a Neutral”.

Price Performance Review of TJX

On Monday, TJX Companies, Inc [NYSE:TJX] saw its stock fall -1.39% to $117.61. Over the last five days, the stock has lost -4.80%. TJX Companies, Inc shares have fallen nearly -2.65% since the year began. Nevertheless, the stocks have risen 22.00% over the past one year. While a 52-week high of $128.00 was reached on 02/26/25, a 52-week low of $92.35 was recorded on 03/10/25. SMA at 50 days reached $122.81, while 200 days put it at $116.90.

Levels Of Support And Resistance For TJX Stock

The 24-hour chart illustrates a support level at 116.47, which if violated will result in even more drops to 115.33. On the upside, there is a resistance level at 119.27. A further resistance level may holdings at 120.92. The Relative Strength Index (RSI) on the 14-day chart is 34.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.15%. Stochastics %K at 10.70% indicates the stock is a buying.

Most Popular