Nordstrom – Consensus Indicates Potential -7.5% Downside

Broker Ratings

Nordstrom with ticker code (JWN) have now 16 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 30 and 12 calculating the mean target price we have 20.94. Now with the previous closing price of 22.65 this now indicates there is a potential downside of -7.5%. The 50 day MA is 19.52 and the 200 day moving average is 22.72. The company has a market cap of $3,452m. Find out more information at: https://press.nordstrom.com

The potential market cap would be $3,191m based on the market concensus.

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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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