Hudson’s Bay Co Has Another Very Strong Trading Session


The stock of Hudson’s Bay Co (TSE:HBC) is a huge mover today! About 149,043 shares traded hands. Hudson’s Bay Co (TSE:HBC) has risen 2.35% since February 5, 2016 and is uptrending. It has underperformed by 14.14% the S&P500.
The move comes after 6 months positive chart setup for the $3.16B company. It was reported on Sep, 13 by We have $28.62 PT which if reached, will make TSE:HBC worth $2.12B more.

Out of 5 analysts covering Hudson’s Bay Company (TSE:HBC), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $40 is the highest target while $23 is the lowest. The $31 average target is 80.86% above today’s ($17.14) stock price. Hudson’s Bay Company has been the topic of 18 analyst reports since September 21, 2015 according to StockzIntelligence Inc.

Hudson’s Bay Company is a Canada department store retailer. The company has a market cap of $3.16 billion. The Firm is an operator and a consolidator, as well as a real estate developer. It has a 36.78 P/E ratio. 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.

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