Hudson’s Bay Co Stock Price Increases Today

 Hudson's Bay Co Stock Price Increases Today

The stock of Hudson’s Bay Co (TSE:HBC) is a huge mover today! About 84,676 shares traded hands. Hudson’s Bay Co (TSE:HBC) has declined 17.30% since April 20, 2016 and is downtrending. It has underperformed by 22.71% the S&P500.
The move comes after 5 months positive chart setup for the $2.51 billion company. It was reported on Nov, 24 by Barchart.com. We have $14.78 PT which if reached, will make TSE:HBC worth $125.50M more.

Hudson’s Bay Co (TSE:HBC) Ratings Coverage

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 $30.40 average target is 115.91% above today’s ($14.08) stock price. Hudson’s Bay Company has been the topic of 21 analyst reports since September 11, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Hudson’s Bay Co (TSE:HBC) on Wednesday, September 7 with “Outperform” rating. The company was maintained on Friday, June 10 by Scotia Capital. On Thursday, September 1 the stock rating was maintained by Scotia Capital with “Outperform”. The company was maintained on Tuesday, August 30 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, August 30 by TD Securities. RBC Capital Markets maintained Hudson’s Bay Co (TSE:HBC) on Friday, June 10 with “Outperform” rating. As per Friday, January 8, the company rating was maintained by RBC Capital Markets. The stock has “Outperform” rating given by RBC Capital Markets on Monday, November 30. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, December 11 report. The rating was maintained by Scotia Capital with “Outperform” on Thursday, September 22.

More important recent Hudson’s Bay Co (TSE:HBC) news were published by: Business.Financialpost.com which released: “Hudson’s Bay Company cuts outlook after sales fall more than expected at most …” on November 11, 2016, also Seekingalpha.com published article titled: “Hudson’s Bay – Will This Hidden Gem Stay Hidden?”, Fool.ca published: “Is Hudson’s Bay Co. Still a Good Investment?” on November 14, 2016. More interesting news about Hudson’s Bay Co (TSE:HBC) was released by: Fool.ca and their article: “RioCan Real Estate Investment Trust or Hudson’s Bay Co: Which Is the Better Buy?” with publication date: November 09, 2016.

Hudson’s Bay Company is a Canada department store retailer. The company has a market cap of $2.51 billion. The Firm is an operator and a consolidator, as well as a real estate developer. It has a 30.21 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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