Telsey Advisory analyst Dana Telsey maintained a Hold rating on Nordstrom (NYSE:JWN) on Wednesday, setting a price target of $36, which is approximately 1.32% below the present share price of $36.48.
Telsey expects Nordstrom to post earnings per share (EPS) of $0.21 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Hold rating of shares in Nordstrom, with an average price target of $38.57.
The analysts price targets range from a high of $48 to a low of $20.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $3.65 billion and a net profit of $30 million. The company's market cap is $5.76 billion.
According to TipRanks.com, Telsey Advisory analyst Dana Telsey is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 58.97% 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.