Nordstrom Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Nordstrom (NYSE:JWN) has received mixed analyst ratings over the past three months, with most analysts being indifferent or somewhat bearish. The average 12-month price target has increased by 9.48% to $19.86. Nordstrom has shown a positive revenue trend but faces challenges with its net margin, ROE, ROA, and high debt-to-equity ratio.
August 20, 2024 | 12:00 pm
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Nordstrom has received mixed analyst ratings, with most being indifferent or somewhat bearish. The average 12-month price target has increased by 9.48% to $19.86. Despite a positive revenue trend, Nordstrom faces challenges with its net margin, ROE, ROA, and high debt-to-equity ratio.
The mixed analyst ratings suggest uncertainty in the market about Nordstrom's future performance. The increase in the average price target indicates some optimism, but the company's financial challenges, such as high debt and low ROE and ROA, may offset this. The positive revenue trend is a bright spot, but overall, the short-term impact on the stock price is likely neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100