Tractor Supply Company (NASDAQ:TSCO) has been upgraded from Neutral to Buy in a statement by Northcoast Research earlier today.
- Updated: November 30, 2016
Northcoast Research has upgraded Tractor Supply Company (NASDAQ:TSCO) from Neutral to Buy in a report released on 11/30/2016.
Yesterday Tractor Supply Company (NASDAQ:TSCO) traded 0.43% higher at $75.12. Tractor Supply Company’s 50-day average is $68.00 and its two hundred day average is $81.34. With the last stock price down -7.70% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. Trade Volume was down over the average, with 1,322,718 shares of TSCO changing hands under the typical 2,203,480
With a total market value of $0, Tractor Supply Company has price-earnings ratio of 23.82 with a one year low of $61.50 and a one year high of $97.25 .
A total of 24 firms have released a ratings update on TSCO. Ten equity analysts rating the stock a strong buy, 11 brokers rating the stock a buy, eight analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $101.61.
Brief Synopsis On Tractor Supply Company (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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