Stock Price & Analysis

Based on the technical and fundamental analysis of TJX's current market position, the stock appears to be a hold at current levels. The stock is trading near $121.85 with neutral RSI levels of 51.52, suggesting neither overbought nor oversold conditions. Recent analyst ratings show strong bullish sentiment, with UBS setting a high price target of $151, though Wells Fargo maintains a more conservative stance with a $120 target.

While TJX has demonstrated solid performance with transaction-driven comparable sales growth and margin expansion, the current valuation multiple of around 28x forward PE appears stretched compared to historical averages. The company's international expansion plans into Mexico, UAE, Saudi Arabia, and upcoming entry into Spain could provide future growth catalysts, but success in these markets remains uncertain.

The stock is currently trading between its Fibonacci support of $118.52 and resistance of $122.30, suggesting a period of consolidation. Given the mixed signals - strong fundamentals but rich valuation - maintaining current positions rather than initiating new ones appears prudent at this price level.

Based on the latest data and analyst forecasts, TJX stock is expected to reach $145-151 by end of 2025, supported by its successful international expansion strategy and strong off-price retail positioning. The company's robust operational performance with 3% comparable store sales growth and expanding profit margins provides a solid foundation for this price target.

The S1 support level for TJX Stock is $118.7 ,The R1 resistant level for TJX Stock is $123.74.

As of the end of day on 2025-01-24, the price of TJX Stock was $122.16.

The target price for TJX Stock according to analyst rating is 137.44, with the highest price target at 151.00 and the lowest at 120.00. Analysts have a Strong Buy rating on TJX Stock overall.

The market cap of TJX is $138.0B.

Based on the provided financial data and analyst ratings, TJX appears fairly valued at current levels. The company's PE ratio of 26.4x is above its historical average of 22x, indicating a premium valuation. However, this premium is partially justified by TJX's consistent execution and defensive business model. The gross margin has steadily improved to 31.5% in Q3 2025 from 29.7% a year ago, showing strong pricing power. Net income margins have also expanded to 9.2% from 8.5% year-over-year, reflecting operational efficiency. Recent analyst actions have been predominantly bullish, with UBS raising their price target to $151 citing potential benefits from tax cuts and reduced government spending. The company's international expansion plans into Mexico, UAE and Spain provide additional growth vectors beyond the core US market.

The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the United States and worldwide. The Company’s segments include Marmaxx and HomeGoods, TJX Canada and TJX International. The T.J. Maxx and Marshalls chains in the United States (Marmaxx) are collectively the off-price retailers in the United States with a total of 2,482 stores. HomeGoods segment is an off-price retailer of home fashions in the United States with approximately 894 stores. HomeGoods offers an eclectic assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop and cookware, as well as expanded pet and gourmet food departments. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada. Winners is the off-price family apparel and home fashions retailer in Canada. The TJX International segment operates the T.K. Maxx and Homesense chains in Europe and the T.K. Maxx chain in Australia.

Based on analyst forecasts and market trends, TJX stock is projected to reach $185-195 by 2030, driven by successful international expansion into new markets like Mexico, UAE, and Spain, along with continued strength in off-price retail segment. The company's defensive business model and operational expertise in inventory management positions it well for sustained growth through economic cycles. Multiple analysts have recently raised their price targets, with Evercore ISI setting a $142 target and maintaining an Outperform rating, indicating strong near-term momentum.

TJX has a total of 349000 employees.