Nordstrom with ticker code (JWN) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 30 and 12 with the average target price sitting at 21.25. Now with the previous closing price of 17.76 this would imply there is a potential upside of 19.7%. The day 50 moving average is 22.25 while the 200 day moving average is 23.85. The market cap for the company is $2,748m. You can visit the company’s website by visiting: https://press.nordstrom.com
The potential market cap would be $3,287m 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.
