Blurbs

Nordstrom (JWN) Receives a Hold from Guggenheim

Guggenheim analyst Robert Drbul maintained a Hold rating on Nordstrom (JWNResearch Report) yesterday. The company’s shares closed last Wednesday at $26.93.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 10.8% and a 63.7% success rate. Drbul covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Lululemon Athletica, and Burlington Stores.

The word on The Street in general, suggests a Hold analyst consensus rating for Nordstrom with a $27.67 average price target, implying a 10.9% upside from current levels. In a report issued on February 16, Evercore ISI also downgraded the stock to Hold.

See the top stocks recommended by analysts >>

The company has a one-year high of $46.45 and a one-year low of $18.65. Currently, Nordstrom has an average volume of 6.28M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.

Read More on JWN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos