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J C Penney Company Inc (NYSE:JCP) target price raised to $10.35, reported today by Vetr Inc.

J C Penney Company Inc (NYSE:JCP) had its target price raised to $10.35 by Vetr Inc. in a report released 10/3/2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.

Yesterday J C Penney Company Inc (NYSE:JCP) traded -0.32% lower at $9.22. The company’s 50-day moving average is $9.92 and its 200-day moving average is $9.33. The last stock close price is down -1.21% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 13,979,260 shares of the stock were exchanged, down from an average trading volume of 14,320,800

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J C Penney Company Inc (NYSE:JCP)

J C Penney Company Inc has a 52 week low of $6.00 and a 52 week high of $11.99 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is $10.84 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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, beauty products through Sephora inside JCPenney and home furnishings.

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