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Nordstrom Inc has a consensus price target of $21.26 based on the ratings of 25 analysts. The high is $40 issued by Keybanc on January 20, 2022. The low is $11 issued by UBS on August 25, 2023. The 3 most-recent analyst ratings were released by Telsey Advisory Group, Citigroup, and Barclays on November 20, 2024, November 19, 2024, and September 5, 2024, respectively. With an average price target of $23.33 between Telsey Advisory Group, Citigroup, and Barclays, there's an implied 0.36% upside for Nordstrom Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Nordstrom (NYSE:JWN) was reported by Telsey Advisory Group on November 20, 2024. The analyst firm set a price target for $24.00 expecting JWN to rise to within 12 months (a possible 3.23% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Nordstrom (NYSE:JWN) was provided by Telsey Advisory Group, and Nordstrom maintained their market perform rating.
The last upgrade for Nordstrom Inc happened on September 5, 2024 when Barclays raised their price target to $23. Barclays previously had an underweight for Nordstrom Inc.
The last downgrade for Nordstrom Inc happened on September 26, 2024 when Keybanc changed their price target from N/A to N/A for Nordstrom Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Nordstrom, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Nordstrom was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Nordstrom (JWN) rating was a maintained with a price target of $24.00 to $24.00. The current price Nordstrom (JWN) is trading at is $23.25, which is out of the analyst’s predicted range.
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