Barclays (LON:BARC) analyst Adrienne Yih maintained a Sell rating on Nordstrom (NYSE:JWN) on Tuesday, setting a price target of $22, which is approximately 8.96% above the present share price of $20.19.
Yih expects Nordstrom to post earnings per share (EPS) of $0.40 for the fourth quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Hold rating of shares in Nordstrom, with an average price target of $29.
The analysts price targets range from a high of $45 to a low of $22.
In its latest earnings report, released on 10/31/2021, the company reported a quarterly revenue of $3.64 billion and a net profit of $127 million. The company's market cap is $3.22 billion.
According to TipRanks.com, Barclays analyst Adrienne Yih is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.4% and a 56.42% success rate.
Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes and accessories. It operates through the following business segments: Retail, Credit and Corporate/Other. The Retail segment manages physical stores and online shops. The Credit segment offers a range of payment options to customers. The Corporate/Other segment includes sales return reserve, expenses, and assets. The company was founded by John W. Nordstrom in 1901 and is headquartered in Seattle, WA.