Nordstrom target price could hit a high of $95 and a low of $ 63

As many as 21 brokerage firms have rated Nordstrom, Inc. (NYSE:JWN) at 2.48. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. 1 rated the company as strong sell. Sell was recommended by 1 analysts. The stock garnered a place in the hold list of 12 stock Analysts. 7 analysts rated the company as a strong buy.

Nordstrom Inc. has lost 5.66% in the last five trading days and dropped 3.91% in the last 4 weeks. Nordstrom Inc. is up 0.94% in the last 3-month period. Year-to-Date the stock performance stands at -6.76%.

Many analysts have commented on the company rating. In the statement by the brokerage house, Macquarie maintains its outlook on Nordstrom, Inc. (NYSE:JWN). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $73 per share to $82 per share. The rating by the firm was issued on August 14, 2015.

Currently the company Insiders own 8.1% of Nordstrom Inc. Company shares. In the past six months, there is a change of -1.47% in the total insider ownership. Institutional Investors own 55.7% of Company shares. During last 3 month period, -0.32% of total institutional ownership has changed in the company shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The officer (Executive Vice President) of Nordstrom Inc, Little Daniel F sold 20,539 shares at $76 on June 23, 2015. The Insider selling transaction had a total value worth of $1,560,964. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Nordstrom, Inc. (NYSE:JWN) ended Thursday session in red amid volatile trading. The shares closed down 0.11 points or 0.15% at $73.32 with 2,001,127 shares getting traded. Post opening the session at $73.86, the shares hit an intraday low of $72.18 and an intraday high of $74.34 and the price vacillated in this range throughout the day. The company has a market cap of $13,799 million and the number of outstanding shares have been calculated to be 188,200,000 shares. The 52-week high of Nordstrom, Inc. (NYSE:JWN) is $83.16 and the 52-week low is $66.08.

Nordstrom, Inc. is a fashion specialty retailer. As of March 18, 2013, the Company operates 242 United States stores located in 31 states, as well as an e-commerce business through nordstrom.com. It operates in two segments: Retail and Credit. As of December February 02, 2013, the Company had opened two Nordstrom Rack stores (Boston, Massachusetts and Upland, California). As of March 18, 2013, the Retail segment includes its 117 Nordstrom branded full-line stores and its online store at www.nordstrom.com, its 121 off-price Nordstrom Rack stores, one clearance store that operates under the name Last Chance and its other retail channels, including its online private sale subsidiary HauteLook, its two Jeffrey boutiques and one treasure&bond store. Its Credit segment includes its wholly owned federal savings bank, Nordstrom fsb, through which it provides a private label credit card, two Nordstrom VISA credit cards and a debit card. In August 2014, Nordstrom Inc. acquired Trunk Club.