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J C Penney Company Inc (NYSE:JCP) target price raised to $8.00, reported today by Piper Jaffray Companies

Yesterday J C Penney Company Inc (NYSE:JCP) traded -0.64% lower at $7.03. The company’s 50-day moving average is $7.10 and its 200-day moving average is $8.82. The last stock close price is down -20.76% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 8,401,750 shares of the stock were exchanged, down from an average trading volume of 19,160,400

J C Penney Company Inc (NYSE:JCP) had its target price raised to $8.00 by Piper Jaffray Companies in a report released 2/17/2017. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

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J C Penney Company Inc (NYSE:JCP)

J C Penney Company Inc has a 52 week low of $6.35 and a 52 week high of $11.99 The company’s market cap is currently $0.

Also covering J C Penney Company Inc's target, a total of 25 equity analysts have released a ratings update on JCP. The one year target is $10.84 with zero firms rating the stock a strong buy, 0 firms rating the stock a buy, zero brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

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, beauty products through Sephora inside JCPenney and home furnishings.

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