Telsey Advisory Group Has Just Reaffirmed $77 Target Price Per Share on Tractor Supply (NASDAQ:TSCO) stock, While They’ve Also Reiterated Their Market Perform Rating

July 27, 2018 - By Matthew Richard

Tractor Supply Company (NASDAQ:TSCO) Logo

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.01, from 0.89 in 2017Q4. It fall, as 51 investors sold Tractor Supply Company shares while 177 reduced holdings. 74 funds opened positions while 127 raised stakes. 96.81 million shares or 2.20% less from 98.98 million shares in 2017Q4 were reported.

Prentiss Smith accumulated 600 shares. Mutual Of America Cap Management Limited Liability Company holds 0.03% or 25,975 shares. Moreover, Bancorporation Of Nova Scotia has 0.01% invested in Tractor Supply Company (NASDAQ:TSCO) for 15,893 shares. Clinton Group Inc accumulated 6,080 shares or 0.04% of the stock. Iowa-based Principal Financial Gp has invested 0.01% in Tractor Supply Company (NASDAQ:TSCO). Comerica Secs Inc has 0.06% invested in Tractor Supply Company (NASDAQ:TSCO) for 8,215 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 6,200 shares. Exxonmobil Investment Management Inc Tx reported 0.03% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Jensen Investment Inc reported 4,760 shares. Us Bank De accumulated 190,906 shares. Meiji Yasuda Life Ins holds 0.15% or 15,570 shares. 8.19 million are owned by Blackrock. Benjamin F Edwards Inc reported 0% in Tractor Supply Company (NASDAQ:TSCO). Connecticut-based Ellington Gru Ltd Llc has invested 0.12% in Tractor Supply Company (NASDAQ:TSCO). First Merchants holds 0.04% or 3,712 shares in its portfolio.

Since February 6, 2018, it had 0 buys, and 4 sales for $2.55 million activity. Barbarick Steve K had sold 20,000 shares worth $1.60M. $392,200 worth of Tractor Supply Company (NASDAQ:TSCO) was sold by PARRISH BENJAMIN F JR on Monday, July 9. Another trade for 6,146 shares valued at $488,607 was sold by Barton Kurt D.

Tractor Supply (NASDAQ:TSCO) Rating Reaffirmed

They currently have a $77 target price per share on Tractor Supply (NASDAQ:TSCO). The target price by Telsey Advisory Group would suggest a potential downside of -4.18 % from the company’s current price. This has been revealed in analysts report on 27 July.

Tractor Supply Company (NASDAQ:TSCO) Ratings Coverage

Among 17 analysts covering Tractor Supply (NASDAQ:TSCO), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Tractor Supply has $90 highest and $60 lowest target. $75.60’s average target is -5.92% below currents $80.36 stock price. Tractor Supply had 28 analyst reports since January 29, 2018 according to SRatingsIntel. The firm has “Hold” rating by Wedbush given on Wednesday, February 21. The firm has “Neutral” rating given on Monday, April 9 by Wedbush. The rating was maintained by Telsey Advisory on Monday, April 23 with “Hold”. Wedbush maintained Tractor Supply Company (NASDAQ:TSCO) on Wednesday, July 18 with “Neutral” rating. The stock of Tractor Supply Company (NASDAQ:TSCO) earned “Hold” rating by Telsey Advisory on Thursday, February 1. On Friday, April 27 the stock rating was upgraded by Oppenheimer to “Buy”. The rating was maintained by PiperJaffray on Friday, February 2 with “Neutral”. The stock of Tractor Supply Company (NASDAQ:TSCO) has “Buy” rating given on Monday, April 16 by Goldman Sachs. The firm earned “Overweight” rating on Monday, July 9 by Stephens. As per Friday, April 20, the company rating was upgraded by PiperJaffray.

The stock increased 2.81% or $2.2 during the last trading session, reaching $80.36. About 3.53 million shares traded or 113.56% up from the average. Tractor Supply Company (NASDAQ:TSCO) has risen 34.87% since July 27, 2017 and is uptrending. It has outperformed by 22.30% the S&P500.

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company has market cap of $9.81 billion. The firm offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. It has a 23.46 P/E ratio. As of January 26, 2017, it operated 1,600 retail stores in 49 states.

More notable recent Tractor Supply Company (NASDAQ:TSCO) news were published by: Benzinga.com which released: “Earnings Scheduled For July 26, 2018” on July 26, 2018, also Fool.com with their article: “2 Best-in-Class Retail Stocks for Long-Term Investors” published on July 25, 2018, Globenewswire.com published: “Tractor Supply Company Reports Second Quarter 2018 Financial Results” on July 26, 2018. More interesting news about Tractor Supply Company (NASDAQ:TSCO) were released by: Globenewswire.com and their article: “Summer Adventure Begins in the Backyard with ‘Chick Days'” published on July 18, 2018 as well as Seekingalpha.com‘s news article titled: “Tractor Supply Company: Add It To Your Cart, But Don’t Click The ‘Check Out’ Button” with publication date: July 03, 2018.

Tractor Supply Company (NASDAQ:TSCO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.