Nordstrom, Inc. – Consensus Indicates Potential -17.0% Downside

Broker Ratings
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Nordstrom, Inc. with ticker code (JWN) have now 17 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 22 and 12 calculating the average target price we see 18.35. Now with the previous closing price of 22.11 this would imply there is a potential downside of -17.0%. The 50 day MA is 18.51 and the 200 moving average now moves to 20.86. The market cap for the company is $3,563m. You can visit the company’s website by visiting: https://press.nordstrom.com

The potential market cap would be $2,957m based on the market concensus.

Nordstrom, Inc., a fashion retailer, provides apparels, shoes, beauty, accessories, and home goods for women, men, young adults, and children. The company 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. Nordstrom, Inc. was founded in 1901 and is headquartered in Seattle, Washington.

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