20269월
TJX Sep 2026 · Reduce
We rate The TJX Companies Inc. (TJX) a Reduce. At the analysis price of $130.06 as of September 25, 2026, the stock trades at a 15.9% premium to our Fair value of $112.24, offering -13.7% expected downside, while sitting close to our Potential value ceiling of $133.51. While TJX possesses a narrow economic moat supported by massive purchasing scale and Marmaxx's 15.11% segment margins, its current valuation of 24.94x forward P/E leaves investors exposed to execution missteps and retail multiple derating.Latest published research · analyzed 2026-09-26 · current · sources stale