Analyst Ratings For Hudson’s Bay Co (TSE:HBC)
Today, CIBC raised its price target on Hudson’s Bay Co (TSE:HBC) to C$14.00 per share.
There are 5 hold ratings, 1 buy rating on the stock.
The current consensus rating on Hudson’s Bay Co (TSE:HBC) is Hold (Score: 2.17) with a consensus target price of C$14.75 per share, a potential .
Some recent analyst ratings include
- 4/5/2017-Scotiabank Reiterated Rating of Sector Perform.
- 1/10/2017-TD Securities was Downgraded by analysts at TD Securities from a “Buy ” rating to a ” Hold” rating. They now have a C$13.00 price target on the stock, up previously from C$26.00 .
About Hudson’s Bay Co (TSE:HBC)
Hudson’s Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company’s retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores. The Company operates through four segments: the Department Stores Group (DSG) which includes Hudson’s Bay, Lord & Taylor, Find @ Lord & Taylor and Home Outfitters; Saks Fifth Avenue; OFF 5TH, and the Kaufhof Banners. In North America, HBC’s banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks Fifth Avenue OFF 5TH (OFF 5TH), along with Find @ Lord & Taylor and Home Outfitters. In Europe, the Company’s banners include GALERIA Kaufhof, a department store group in Germany, Belgium’s department store group Galeria INNO, as well as Sportarena, a banner specializing in athletic wear, and Gilt, an e-commerce fashion retailer.
Recent Trading Activity for Hudson’s Bay Co (TSE:HBC)
Shares of Hudson’s Bay Co closed the previous trading session at 10.30 down -0.15 -1.44% with 1,779,810 shares trading hands.