Nordstrom with ticker code (JWN) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 31 and 12 with the average target price sitting at 25.93. Given that the stocks previous close was at 24.36 this would imply there is a potential upside of 6.4%. The 50 day moving average now sits at 22.44 and the 200 moving average now moves to 28.44. The company has a market capitalisation of $3,829m. Company Website: https://press.nordstrom.com
The potential market cap would be $4,076m 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 Canadaluding 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.
