Nordstrom (JWN) Shares are Up 3.18%

Nordstrom (JWN) has been under a strong bear grip, hence the stock is down -0.57% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.63% in the past 1 week. The stock has risen by 3.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.58% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 10.55%.The 200 Day SMA reached 8.35% Nordstrom Inc. is up 37.79% in the last 3-month period. Year-to-Date the stock performance stands at 5.44%.


Nordstrom (JWN) stock is expected to deviate a maximum of $9.86 from the average target price of $49.68 for the short term period. 17 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $34.

Company shares have received an average consensus rating of Hold for the current week Nordstrom (NYSE:JWN): stock was range-bound between the intraday low of $51 and the intraday high of $51.78 after having opened at $51.23 on Fridays session. The stock finally closed in the red at $51.23, a loss of -0.81%. The stock remained in the red for the whole trading day. The total traded volume was 4,126,298 shares. The stock failed to cross $51.78 in Fridays trading. The stocks closing price on Thursday was $51.7.

Nordstrom, Inc. is a fashion specialty retailer in the United States. The company operates through two segments: Retail and Credit. The Retail segment includes approximately 115 Nordstrom branded full-line stores in the United States and, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, and HauteLook, and other retail channels, including five Trunk Club showrooms and, its two Jeffrey boutiques and one clearance store that operates under the name Last Chance. Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. The Company operated 290 United States stores located in 38 states, as well as an e-commerce business through, and HauteLook and, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *