Northcoast upgraded Tractor Supply (NASDAQ:TSCO) from Neutral to Buy in a report released today.
- Updated: November 30, 2016
Northcoast has upgraded Tractor Supply (NASDAQ:TSCO) from Neutral to Buy in a report released on 11/30/2016.
Yesterday Tractor Supply (NASDAQ:TSCO) traded 0.43% higher at $74.75. The company’s 50-day moving average is $68.00 and its 200-day moving average is $81.34. The last stock close price is down -7.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,322,718 shares of the stock were exchanged, down from an average trading volume of 2,203,480
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Tractor Supply has a 52 week low of $61.50 and a 52 week high of $97.25 with a P/E ratio of 23.82 The company’s market cap is currently $0.
In addition to Northcoast reporting its target price, a total of 24 firms have reported on the stock. The consensus target price is $101.61 with 10 firms rating the stock a strong buy, 11 firms rating the stock a buy, 8 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Tractor Supply (NASDAQ:TSCO)
Tractor Supply Company is an operator of rural lifestyle retail stores in the United States. The Company operates in the retail sale of products that support the rural lifestyle segment. The Company focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. It operates over 1,490 retail stores in over 50 states under the names Tractor Supply Company, Del's Feed & Farm Supply and HomeTown Pet. It also operates a Website under the name TractorSupply.com. The Company's stores offer merchandise, which includes equine, livestock, pet and small animal products; hardware, truck, towing and tool products; seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; work/recreational clothing and footwear, and maintenance products for agricultural and rural use. The Company's products are offered under various brands, which include 4health, Blue Mountain and Countyline.
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