Hudson's Bay Co (TSE:HBC)‘s stock had its “outperform” rating reissued by investment analysts at BMO Capital Markets in a research report issued on Tuesday. They currently have a C$25.00 price objective on the stock. BMO Capital Markets’ price target would indicate a potential upside of 122.22% from the company’s previous close.

Several other research firms have also recently commented on HBC. Royal Bank Of Canada cut their price target on Hudson's Bay Co from C$10.00 to C$9.00 and set a “sector perform” rating for the company in a report on Friday, September 8th. National Bank Financial upped their price target on Hudson's Bay Co from C$10.00 to C$13.00 and gave the company a “sector perform” rating in a report on Thursday, September 7th. TD Securities upped their price target on Hudson's Bay Co from C$12.50 to C$13.50 and gave the company a “hold” rating in a report on Wednesday, October 25th. Scotiabank upped their price objective on Hudson's Bay Co from C$12.00 to C$13.00 and gave the company a “sector perform” rating in a research note on Thursday, September 7th. Finally, Canaccord Genuity lowered their price objective on Hudson's Bay Co from C$11.00 to C$9.00 and set a “hold” rating on the stock in a research note on Thursday, September 7th. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Hudson's Bay Co currently has a consensus rating of “Hold” and a consensus target price of C$14.61.

Hudson's Bay Co (TSE:HBC) traded down C$0.20 during trading on Tuesday, reaching C$11.25. The company’s stock had a trading volume of 200,932 shares, compared to its average volume of 626,854. Hudson's Bay Co has a 12-month low of C$8.08 and a 12-month high of C$15.35.

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In other news, insider Donald William Watros sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of C$10.08, for a total value of C$1,008,000.00.

Hudson's Bay Co Company Profile

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.

Analyst Recommendations for Hudson's Bay Co (TSE:HBC)

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