Nordstrom. – Consensus Indicates Potential -3.3% Downside

Broker Ratings
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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 22 and 12 with the average target price sitting at 17.69. With the stocks previous close at 18.3 this would imply there is a potential downside of -3.3%. The 50 day moving average now sits at 18.42 and the 200 day moving average is 21.36. The market capitalisation for the company is $2,950m. Company Website: https://press.nordstrom.com

The potential market cap would be $2,852m 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.

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