Robert W. Baird Keeps a Hold Rating on Nordstrom Inc

By Ryan Adsit

In a report issued on December 21, Mark Altschwager from Robert W. Baird reiterated a Hold rating on Nordstrom Inc (NYSE: JWN), with a price target of $49. The company’s shares closed yesterday at $47.54.

According to TipRanks.com, Altschwager is a 2-star analyst with an average return of 0.3% and a 43.4% success rate. Altschwager covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Abercrombie Fitch, and Urban Outfitters.

Nordstrom Inc has an analyst consensus of Hold, with a price target consensus of $43.71.

The company has a one-year high of $50.32 and a one-year low of $37.79. Currently, Nordstrom Inc has an average volume of 2.53M.

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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.