A statement released earlier today by Vetr Inc. about J C Penney Company Inc (NYSE:JCP) bumps the target price to $10.35
- Updated: September 15, 2016
Boasting a price of $10.09, J C Penney Company Inc (NYSE:JCP) traded 5.43% higher on the day. With the last stock price up 6.94% relative to the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day average of $9.82 and 200-day moving average of $9.44. 15,720,871 shares of the stock traded hands, up from ann avg. trading volume of 14,311,100
Stating a possible upside of 0.03%, Vetr Inc. raised the target stock price of J C Penney Company Inc (NYSE:JCP) to $10
Previously on 9/07/2016, Vetr Inc. reported about J C Penney Company Inc(NYSE:JCP) upped the target price from $0.00 to $10.35 that indicated a possible upside of 0.03%.
See Graph Below:
A total of 25 analysts have issued a research note on the stock. Zero rate the stock a strong buy, 0 rate the company a buy, 0 firms rate the company a hold, 0 rate the stock to underperform, and finally 0 firmsrate the company as sell with an average target stock price of $10.84
J C Penney Company Inc has a one-year low of $6.00 and a one-year high of $11.99 . J C Penney Company Inc’s market cap is currently $0.0.
More About J C Penney Company Inc (NYSE:JCP)
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, and beauty products through Sephora inside JCPenney and home furnishings.
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