Nordstrom – Consensus Indicates Potential -19.6% Downside

Broker Ratings

Nordstrom found using ticker (JWN) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 45 and 11 with the average target price sitting at 28.5. Given that the stocks previous close was at 35.45 this indicates there is a potential downside of -19.6%. There is a 50 day moving average of 33.79 and the 200 day MA is 20.74. The market capitalisation for the company is $5,648m. Visit the company website at:

Nordstrom, a fashion retailer, provides apparels, shoes, cosmetics, and accessories 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 full-line stores and online store at; Nordstrom Rack stores; and HauteLook; Jeffrey boutiques; clearance stores that operate under the Last Chance name; Trunk Club clubhouses and; and Nordstrom Locals. As of May 5, 2020, the company operated operates 378 stores in 40 states, including 116 full-line stores in the United States, Canada, and Puerto Rico; 247 Nordstrom Rack stores; 3 Jeffrey boutiques; 2 clearance stores; 5 Trunk Club clubhouses; and 5 Nordstrom Local service hubs. Nordstrom was founded in 1901 and is headquartered in Seattle, Washington.

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