Nordstrom with ticker code (JWN) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 32 and 12 and has a mean target at 23.56. Given that the stocks previous close was at 21.89 this would indicate that there is a potential upside of 7.6%. The 50 day moving average now sits at 23.44 and the 200 moving average now moves to 24.56. The company has a market capitalisation of $3,706m. Company Website: https://press.nordstrom.com
The potential market cap would be $3,989m 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.
