Hudson's Bay Company (TSE:HBC) target increased to $21.00, issued a report today by RBC Capital Markets
- Updated: December 1, 2016
Yesterday Hudson's Bay Company (TSE:HBC) traded -2.01% lower at $15.30. The company’s 50-day moving average is $15.90 and its 200-day moving average is $16.22. The last closing price is down -9.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 264,537 shares of HBC traded, up from an avg. volume of 250,133
In a report released on 12/01/2016 RBC Capital Markets increased the stock price target of Hudson's Bay Company (TSE:HBC) to $21.00 indicating a possible upside of 0.37%.
Previously on Wednesday November 30, 2016, TD Securities reported on Hudson's Bay Company (TSE:HBC) increased the target price from $0.00 to $27.00. At the time, this indicated a possible upside of 0.83%.
Recent Performance Chart
Hudson's Bay Company has 52 week low of $13.88 and a 52 week high of $21.75 with a PE ratio of 26.36 and has a total market value of $0.
A total of 11 analysts have released a report on the stock. 1 firm rating the stock a strong buy, 7 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $17.82.
General Company Details For 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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