Out of 14 analysts covering Tractor Supply Company (NASDAQ:TSCO), 7 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 50% are positive. Tractor Supply Company has been the topic of 21 analyst reports since September 22, 2015 according to StockzIntelligence Inc. Credit Suisse downgraded the stock on September 8 to “Neutral” rating. Below is a list of Tractor Supply Company (NASDAQ:TSCO) latest ratings and price target changes.
08/09/2016 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade
08/09/2016 Broker: Piper Jaffray Old Rating: Overweight New Rating: Neutral Downgrade
08/09/2016 Broker: Raymond James Old Rating: Strong Buy New Rating: Mkt Perform Downgrade
08/09/2016 Broker: UBS Rating: Buy Old Target: $102 New Target: $88 Maintain
08/09/2016 Broker: Wedbush Old Rating: Outperform New Rating: Neutral Old Target: $96 New Target: $72 Downgrade
08/09/2016 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Old Target: $100 New Target: $79 Downgrade
30/06/2016 Broker: RBC Capital Markets Rating: Outperform Old Target: $100.00 New Target: $97.00 Maintain
30/06/2016 Broker: Credit Suisse Rating: Outperform Old Target: $100.00 New Target: $96.00 Maintain
30/06/2016 Broker: JP Morgan Rating: Overweight Old Target: $105.00 New Target: $103.00 Maintain
14/06/2016 Broker: Guggenheim Rating: Buy Initiate
The stock increased 0.26% or $0.18 during the last trading session, hitting $69.29. About 2.30M shares traded hands or 18.56% up from the average. Tractor Supply Company (NASDAQ:TSCO) has declined 13.42% since February 8, 2016 and is downtrending. It has underperformed by 29.91% the S&P500.
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The company has a market cap of $9.36 billion. The Firm operates in the retail sale of products that support the rural lifestyle segment. It has a 22.14 P/E ratio. The Firm focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses.
The institutional sentiment increased to 1.19 in 2016 Q2. Its up 0.24, from 0.95 in 2016Q1. The ratio is positive, as 32 funds sold all Tractor Supply Company shares owned while 177 reduced positions. 56 funds bought stakes while 192 increased positions. They now own 117.30 million shares or 2.04% less from 119.74 million shares in 2016Q1.
Provident Investment Management Inc. holds 5.46% of its portfolio in Tractor Supply Company for 290,325 shares. Smith Thomas W owns 39,732 shares or 5.21% of their US portfolio. Moreover, Cim Llc has 5.02% invested in the company for 110,169 shares. The Illinois-based Thomas Story & Son Llc has invested 4.6% in the stock. Mitchell Capital Management Co, a Kansas-based fund reported 122,352 shares.
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