Nordstrom, Inc. – Consensus ‘Hold’ rating and 23.0% Upside Potential

Broker Ratings
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Nordstrom, Inc. with ticker code (JWN) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 23 and 12 calculating the mean target price we have $18.71. Given that the stocks previous close was at $15.21 and the analysts are correct then we can expect a percentage increase in value of 23.0%. It’s also worth noting that there is a 50 day moving average of $17.58 and the 200 day moving average is $19.27. The total market capitalization for the company now stands at $2,462m. You can visit the company’s website by visiting: https://press.nordstrom.com

The potential market cap would be $3,028m 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 5% with the ex dividend date set at 13-3-2023 (DMY).

Other points of data to note are a P/E ratio of 10.75, revenue per share of 97 and a 3.87% return on assets.

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