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BMO Capital Markets announced Hudson's Bay Company (TSE:HBC), boosting its stock price target to $25.00 today

In a report released on Tuesday November 14, 2017 BMO Capital Markets increased the stock price target of Hudson's Bay Company (TSE:HBC) to $25.00 reporting a possible upside of 1.18%.

Previously on 10/25/2017, CIBC World Markets released a statement about Hudson's Bay Company (TSE:HBC) increased the target price from $12.50 to $14.00. At the time, this indicated a possible upside of 0.18%.

Just yesterday Hudson's Bay Company (TSE:HBC) traded -1.92% lower at $11.49. Hudson's Bay Company’s 50-day moving average is $12.44 and its 200-day moving average is $11.28. The last stock price is up 4.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 701,616 shares of HBC traded hands, up from an average trading volume of 418,836

Recent Performance Chart

Hudson's Bay Company (TSE:HBC)

Hudson's Bay Company has 52 week low of $8.08 and a 52 week high of $17.05 and has a market capitalization of $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 9 brokerages have issued a ratings update on the company. The average stock price target is $12.12 with 1 brokerage rating the stock a strong buy, 6 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Hudson's Bay Company (TSE:HBC)

Hudson's Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company's retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores. The Company operates through four segments: the Department Stores Group (DSG) which includes Hudson's Bay, Lord & Taylor, Find @ Lord & Taylor and Home Outfitters; Saks Fifth Avenue; OFF 5TH, and the Kaufhof Banners. In North America, HBC's banners include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks Fifth Avenue OFF 5TH (OFF 5TH), along with Find @ Lord & Taylor and Home Outfitters. In Europe, the Company's banners include GALERIA Kaufhof, a department store group in Germany, Belgium's department store group Galeria INNO, as well as Sportarena, a banner specializing in athletic wear, and Gilt, an e-commerce fashion retailer.

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