Nordstrom – Consensus Indicates Potential 24.5% Upside

Broker Ratings

Nordstrom found using ticker (JWN) have now 18 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 and has a mean target at 34.78. Now with the previous closing price of 27.93 this is indicating there is a potential upside of 24.5%. The day 50 moving average is 32.86 and the 200 moving average now moves to 35.85. The market capitalisation for the company is $4,320m. 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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