Is there a Bearish outlook for Hudson's Bay Company (TSE:HBC) this week?

May 24, 2018 - By Mona Holcomb

Hudson's Bay Company (TSE:HBC) Logo

Hudson's Bay Company (TSE:HBC) Ratings Coverage

Among 2 analysts covering Hudson’s Bay Company (TSE:HBC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Hudson’s Bay Company had 2 analyst reports since December 8, 2017 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, December 8 by BMO Capital Markets. Below is a list of Hudson's Bay Company (TSE:HBC) latest ratings and price target changes.

08/12/2017 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform New Target: $11.00 Downgrade
08/12/2017 Broker: TD Securities Rating: Hold Old Target: $13.50 New Target: $12.50 Target Down

The stock decreased 0.53% or $0.05 during the last trading session, reaching $9.35. About 7,911 shares traded. Hudson's Bay Company (TSE:HBC) has 0.00% since May 24, 2017 and is . It has underperformed by 11.55% the S&P500.

Hudson's Bay Company owns and operates department stores in Canada, the United States, and Europe. The company has market cap of $1.71 billion. The Company’s stores offer fashion apparel, accessories, cosmetics, and home products. It currently has negative earnings. The firm operates its stores under the HudsonÂ’s Bay, Lord & Taylor, Saks Fifth Avenue, Saks Fifth Avenue OFF 5TH, Find @ Lord & Taylor, Gilt, Home Outfitters, GALERIA Kaufhof, Galeria Inno, and Sportarena banners.

Another recent and important Hudson's Bay Company (TSE:HBC) news was published by Nasdaq.com which published an article titled: “American Premium Water Corp.’s (OTC:HIPH) Receives Rave Reviews for its Presentation during Planet MicroCap …” on May 02, 2018.

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