Nordstrom – Consensus Indicates Potential 20.1% Upside

Broker Ratings

Nordstrom found using ticker (JWN) have now 17 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 48 and 12 calculating the average target price we see 34.35. With the stocks previous close at 28.6 this would imply there is a potential upside of 20.1%. There is a 50 day moving average of 27.68 and the 200 day moving average is 33.52. The company has a market capitalisation of $4,571m. Company Website: http://press.nordstrom.com

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 March 02, 2021, it operated 358 stores in the U.S. and Canada, including 100 Nordstrom stores, 249 Nordstrom Rack stores, 2 clearance stores, and 7 Nordstrom Local service hubs. The company was founded in 1901 and is headquartered in Seattle, Washington.

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