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Hudson's Bay Company (TSE:HBC) target price raised to $27.00, issued a ratings update earlier today by TD Securities

Reporting a potential upside of 0.83%, TD Securities upped the price target of Hudson's Bay Company (TSE:HBC) to $27.00

On 01/08/2016, RBC Capital Markets released a statement about Hudson's Bay Company (TSE:HBC) upped the target price from $0.00 to $32.00 that suggested an upside of 0.89%.

Having a price of $14.75, Hudson's Bay Company (TSE:HBC) traded -2.01% lower on the day. With the last stock price down -9.82% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HBC has recorded a 50-day average of $15.90 and a two hundred day average of $16.22. Trade Volume was up over the average, with 264,537 shares of HBC changing hands over the typical 250,133

Recent Performance Chart

Hudson's Bay Company (TSE:HBC)

Hudson's Bay Company has PE ratio of 26.36 with a one year low of $13.88 and a one year high of $21.75 and has a market capitalization of $0.

A total of 11 brokerages have issued a ratings update on Hudson's Bay Company. One brokerage rating the company a strong buy, seven brokerages rating the company a buy, three brokerages rating the company a hold, one brokerage rating the company 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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