Nordstrom with ticker code (JWN) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 40 and 12 with the average target price sitting at 24.06. Given that the stocks previous close was at 22.64 this is indicating there is a potential upside of 6.3%. There is a 50 day moving average of 22 while the 200 day moving average is 29.62. The market capitalisation for the company is $3,608m. You can visit the company’s website by visiting: https://press.nordstrom.com
The potential market cap would be $3,835m 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 March 02, 2021, it operated 358 stores in the U.S. and Canada, including 100 Nordstrom stores, 249 Nordstrom Rack stores, 2 clearance stores, and 7 Nordstrom Local service hubs. The company was founded in 1901 and is headquartered in Seattle, Washington.
