Nordstrom found using ticker (JWN) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 31 and 12 calculating the mean target price we have 25.79. Now with the previous closing price of 23.17 this would indicate that there is a potential upside of 11.3%. The day 50 moving average is 26.41 while the 200 day moving average is 26.66. The company has a market cap of $3,464m. Visit the company website at: https://press.nordstrom.com
The potential market cap would be $3,855m based on the market concensus.
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; TrunkClub.com; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; Nordstromrack.com and HauteLook; clearance stores under the Last Chance name; Trunk Club clubhouses; and Jeffrey boutiques. As of December 31, 2021, the company operated 94 Nordstrom stores and 240 Nordstrom Rack stores in the United States; 2 clearance stores; and 7 Nordstrom Local service hubs, as well as 6 Nordstrom stores and 7 Nordstrom Rack stores in Canada. Nordstrom was founded in 1901 and is headquartered in Seattle, Washington.
