Hudson's Bay Co (TSE:HBC) Receives C$27.50 Consensus PT from Analysts
Shares of Hudson's Bay Co (TSE:HBC) have received a consensus rating of “Buy” from the nine research firms that are presently covering the company. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$25.94.
HBC has been the subject of several research analyst reports. TD Securities reissued a “buy” rating and issued a C$30.00 price objective on shares of Hudson's Bay Co in a report on Wednesday, September 7th. National Bank Financial reissued a “sector perform” rating and issued a C$18.00 price objective on shares of Hudson's Bay Co in a report on Thursday, July 14th. Scotiabank reissued an “outperform” rating and issued a C$26.00 price objective on shares of Hudson's Bay Co in a report on Thursday, September 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$23.00 target price on shares of Hudson's Bay Co in a report on Tuesday, August 30th. Finally, CIBC lowered Hudson's Bay Co from an “outperform” rating to a “sector perform” rating in a report on Thursday, September 8th.
Hudson's Bay Co (TSE:HBC) opened at 16.86 on Friday. The company has a 50-day moving average price of $17.55 and a 200 day moving average price of $16.58. Hudson's Bay Co has a 1-year low of $14.40 and a 1-year high of $25.26. The stock has a market capitalization of $3.07 billion and a P/E ratio of 30.38.
About Hudson's Bay Co
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.
Receive News & Stock Ratings for Hudson's Bay Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson's Bay Co and related stocks with our FREE daily email newsletter.