RBC Capital Markets Reaffirms Its “Outperform” Rating on Hudson’s Bay Company (TSE:HBC) Shares Today


Hudson’s Bay Company (TSE:HBC) Rating Reaffirmed

This Morning, Friday, 11 December, Hudson’s Bay Company (TSE:HBC)’s “Outperform” rating was has decided to reaffirm by RBC Capital Markets in analysts note.

From a total of 11 analysts covering Hudson’s Bay Company (TSE:HBC) stock, 10 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 83% of the ratings are positive. The highest target price is $31.38 while the lowest target price is $20.18. The mean of all analyst targets is $25.85 with a 124.65% above today’s ($17.36) stock price. Hudson’s Bay Company was the topic of 7 analyst reports since September 11, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 30 with “Outperform” rating.

Approximately 2.49 million shares of stock traded hands or 570.40% up from the average. Hudson’s Bay Co HBC (TSE:HBC) has declined 26.10% since May 8, 2015 and is downtrending. It has underperformed by 23.09% the S&P500.

RBC Capital Markets Reaffirms Its