Nordstrom with ticker code (JWN) have now 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 32 and 12 with the average target price sitting at 23.5. Now with the previous closing price of 24.69 this indicates there is a potential downside of -4.8%. The 50 day moving average now sits at 25.16 and the 200 moving average now moves to 25.41. The company has a market cap of $3,737m. Company Website: https://press.nordstrom.com
The potential market cap would be $3,557m 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.
