Published On: Wed, Oct 19th, 2016

Nordstrom, Inc. (NYSE:JWN) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Nordstrom, Inc. (NYSE:JWN).

Most recent broker ratings

09/30/2016 – Guggenheim began new coverage on Nordstrom, Inc. giving the company a “buy” rating. They now have a USD 60 price target on the stock.

09/22/2016 – Nordstrom, Inc. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 58 price target on the stock.

08/29/2016 – Nordstrom, Inc. had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 55 price target on the stock.

08/15/2016 – Nordstrom, Inc. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 47 price target on the stock.

08/12/2016 – Nordstrom, Inc. had its “underweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 36 price target on the stock.

08/12/2016 – Nordstrom, Inc. had its “market perform” rating reiterated by analysts at Telsey Advisory Group. They now have a USD 53 price target on the stock.

08/12/2016 – Nordstrom, Inc. had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 50 price target on the stock.

08/12/2016 – Nordstrom, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 63 price target on the stock.

08/01/2016 – Nordstrom, Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 39 price target on the stock.

07/26/2016 – Nordstrom, Inc. had its “hold” rating reiterated by analysts at Vetr Inc..

07/05/2016 – Nordstrom, Inc. was upgraded to “hold” by analysts at Miller Tabak. They now have a USD 39.5 price target on the stock.

06/16/2016 – Nordstrom, Inc. had its “buy” rating reiterated by analysts at Maxim Group. They now have a USD 50 price target on the stock.

05/16/2016 – Nordstrom, Inc. was upgraded to “neutral” by analysts at Northcoast Research.

05/13/2016 – Nordstrom, Inc. had its “neutral” rating reiterated by analysts at Credit Suisse. They now have a USD 40 price target on the stock.

05/13/2016 – Nordstrom, Inc. had its “buy” rating reiterated by analysts at Deutsche Bank. They now have a USD 47 price target on the stock.

The share price of Nordstrom, Inc. (NYSE:JWN) was up +0.00% during the last day of trading, with a day high of 53.89. 2082090 shares were traded during the last session.

The stock’s 50 day moving average is 51.73 and its 200 day moving average is 46.28. The stock’s market capitalization is 9.24B. Nordstrom, Inc. has a 52-week low of 35.01 and a 52-week high of 69.54.

Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and Nordstrom.com, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, Nordstromrack.com and HauteLook, and other retail channels, including five Trunk Club showrooms and TrunkClub.com, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through Nordstrom.com, Nordstromrack.com and HauteLook and TrunkClub.com, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.