Published On: Wed, Oct 19th, 2016

Analyst Review: J.C. Penney Company, Inc. Holding Company (NYSE:JCP)


A number of investment brokers have recently updated their price targets on shares of J.C. Penney Company, Inc. Holding Company (NYSE:JCP).

Most recent broker ratings

10/03/2016 – J.C. Penney Company, Inc. Holding Company had its “buy” rating reiterated by analysts at B. Riley. They now have a USD 16 price target on the stock.

09/30/2016 – Guggenheim began new coverage on J.C. Penney Company, Inc. Holding Company giving the company a “neutral” rating.

09/23/2016 – J.C. Penney Company, Inc. Holding Company was upgraded to “buy” by analysts at Vetr Inc..

08/19/2016 – J.C. Penney Company, Inc. Holding Company had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 13 price target on the stock.

08/18/2016 – J.C. Penney Company, Inc. Holding Company had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 10 price target on the stock.

08/18/2016 – J.C. Penney Company, Inc. Holding Company had its “underweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 8.5 price target on the stock.

08/16/2016 – J.C. Penney Company, Inc. Holding Company had its “hold” rating reiterated by analysts at Argus.

08/15/2016 – J.C. Penney Company, Inc. Holding Company had its “outperform” rating reiterated by analysts at Telsey Advisory Group. They now have a USD 13 price target on the stock.

08/12/2016 – J.C. Penney Company, Inc. Holding Company had its “market perform” rating reiterated by analysts at Cowen. They now have a USD 10 price target on the stock.

08/12/2016 – J.C. Penney Company, Inc. Holding Company had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 12 price target on the stock.

08/03/2016 – J.C. Penney Company, Inc. Holding Company was downgraded to “negative” by analysts at OTR Global.

05/17/2016 – J.C. Penney Company, Inc. Holding Company had its “buy” rating reiterated by analysts at Miller Tabak. They now have a USD 13 price target on the stock.

05/16/2016 – J.C. Penney Company, Inc. Holding Company had its “sell” rating reiterated by analysts at Goldman Sachs.

05/16/2016 – J.C. Penney Company, Inc. Holding Company had its “sell” rating reiterated by analysts at UBS. They now have a USD 7 price target on the stock.

05/16/2016 – J.C. Penney Company, Inc. Holding Company had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 8 price target on the stock.

The share price of J.C. Penney Company, Inc. Holding Company (NYSE:JCP) was down -0.47% during the last day of trading, with a day high of 8.63. 11185732 shares were traded during the last session.

The stock’s 50 day moving average is 9.45 and its 200 day moving average is 9.13. The stock’s market capitalization is 2.61B. J.C. Penney Company, Inc. Holding Company has a 52-week low of 6.00 and a 52-week high of 11.99.

J. C. Penney Company, Inc. is a holding company. The Company’s operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes optimized applications for desktop, mobile and tablet devices. The Company’s department stores and Website serves the same type of customers, its Website offers virtually the same mix of merchandise as its in store assortment along with other extended categories that are not offered in store, and its department stores accept returns from sales made in stores and through its Website. Its online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers’ warehouses and by in store customer pick up. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings.