A statement released earlier today by RBC Capital Markets about Hudson’s Bay Company (TSE:HBC) bumps the target price to $9.00

Having a price of $11.70, Hudson’s Bay Company (TSE:HBC) traded -0.43% lower on the day. With the last stock price up 6.78% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has increased 0.05% over the same period. HBC has recorded a 50-day average of $10.81 and a two hundred day average of $10.97. Trade Volume was down over the average, with 310,055 shares of HBC changing hands under the typical 498,688

RBC Capital Markets bumped up the target of Hudson’s Bay Company (TSE:HBC) to $9.00 indicating a possible downside of -0.23%.

Previously on 7/21/2017, TD Securities reported about Hudson’s Bay Company (TSE:HBC) increased the target price from $10.00 to $12.50 that suggested an upside of 0.14%.

Recent Performance Chart

With a total market value of $0, Hudson’s Bay Company has with a one year low of $8.08 and a one year high of $18.60 .

A total of 9 equity analysts have released a ratings update on HBC. One equity analyst rating the company a strong buy, six equity analysts rating the company a buy, four brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $12.12.

General Information About Hudson’s Bay Company (TSE:HBC)

Hudson’s Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. 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. The Company operates through four segments: the Department Stores Group (DSG) which includes Hudson’s Bay, Lord & Taylor, Find @ Lord & Taylor and Home Outfitters; Saks Fifth Avenue; OFF 5TH, and the Kaufhof Banners. In North America, HBC’s banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks Fifth Avenue OFF 5TH (OFF 5TH), along with Find @ Lord & Taylor and Home Outfitters. In Europe, the Company’s banners include GALERIA Kaufhof, a department store group in Germany, Belgium’s department store group Galeria INNO, as well as Sportarena, a banner specializing in athletic wear, and Gilt, an e-commerce fashion retailer.

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