Nordstrom which can be found using ticker (JWN) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 23 and 12 with the average target price sitting at $18.44. Given that the stocks previous close was at $16.60 this is indicating there is a potential upside of 11.1%. The day 50 moving average is $19.34 and the 200 day MA is $20.43. The market cap for the company is $2,761m. Company Website: https://press.nordstrom.com
The potential market cap would be $3,067m based on the market consensus.
Nordstrom, a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. It offers a range of brand name and private label merchandise through various channels, such as Nordstrom branded stores and online at Nordstrom.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; and clearance stores under the Last Chance name. Nordstrom was founded in 1901 and is headquartered in Seattle, Washington.
The company has a dividend yield of 4.51% with the ex dividend date set at 13-3-2023 (DMY).
Other points of data to note are a P/E ratio of 11.57, revenue per share of 97 and a 3.87% return on assets.
