Nordstrom with ticker code (JWN) now have 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 31 and 12 with a mean TP of 25.93. Now with the previous closing price of 28.33 this now indicates there is a potential downside of -8.5%. The 50 day MA is 23.29 while the 200 day moving average is 27.76. The company has a market cap of $4,321m. You can visit the company’s website by visiting: https://press.nordstrom.com
The potential market cap would be $3,955m 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.
