Nordstrom (JWN) has risen sharply, recording gains of 15.89% in the past 4 weeks. However, the stock has corrected -2.62% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 16.14% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.7% and the fifty day Moving Average is 20.22%. Nordstrom Inc. is up 35.25% in the last three month period. Year-to-Date the stock performance stands at 5.4%.
Nordstrom (JWN) : 17 investment research analysts covering Nordstrom (JWN) have an average price target of $49.44 for the near short term. The highest target price given by the Brokerage Firm to the stock is $65 and the lowest target is $34 for the short term. Analysts expect the variance to be within $9.8 of the average price.
Nordstrom (NYSE:JWN): On Fridays trading session , Opening price of the stock was $51.62 with an intraday high of $52.08. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.98. However, the stock managed to close at $51.26, a loss of 0.58% for the day. On the previous day, the stock had closed at $51.56. The total traded volume of the day was 1,970,149 shares.
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 Nordstrom.com, approximately 167 off-price Nordstrom Rack stores, two Canada full-line stores, Nordstromrack.com and HauteLook, and other retail channels, including five Trunk Club showrooms and TrunkClub.com, 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 Nordstrom.com, Nordstromrack.com and HauteLook and TrunkClub.com, as of March 16, 2015. It also operates two Nordstrom full-line stores in Canada.