Nordstrom, Inc. with ticker code (JWN) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 23 and 12 suggesting an average Analsyt target price of $18.71. Now with the previous closing price of $16.80 this would imply there is now a potential upside of 11.4%. It’s also worth noting that there is a 50 day moving average of $18.79 and the 200 moving average now moves to $19.53. The company has a market cap of $2,529m. Company Website: https://press.nordstrom.com
The potential market cap would be $2,816m based on the market consensus.
Nordstrom, Inc., 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; Nordstrom.ca; Nordstrom stores; Nordstrom Rack stores; Nordstrom Locals; ASOS; Nordstromrack.com; and clearance stores under the Last Chance name. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.
The company has a dividend yield of 4.57% with the ex dividend date set at 13-3-2023 (DMY).
Other points of data to note are a P/E ratio of 10.12, revenue per share of 97 and a 3.87% return on assets.
