In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Nordstrom Inc (NYSE: JWN). The company’s shares opened today at $51.60, close to its 52-week high of $54.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 19.4% and a 72.1% success rate. Feinseth covers the Services sector, focusing on stocks such as Norwegian Cruise Line, Southwest Airlines, and Starbucks Corp.
Nordstrom Inc has an analyst consensus of Moderate Buy, with a price target consensus of $50.50.
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Nordstrom Inc’s market cap is currently $8.47B and has a P/E ratio of 18.53. The company has a Price to Book ratio of 7.92.
Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock.
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Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories. It operates through the following business segments: Retail; Credit; and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers.
