National Bank Financial Raises Hudson’s Bay (HBC) Price Target to C$13.00

Hudson’s Bay (TSE:HBC) had its price target upped by National Bank Financial from C$11.00 to C$13.00 in a research note issued to investors on Thursday. National Bank Financial currently has a sector perform rating on the stock.

Other analysts have also recently issued reports about the stock. Cowen lifted their price objective on shares of Hudson’s Bay from C$10.00 to C$11.00 in a research note on Wednesday, June 13th. TD Securities lifted their price objective on shares of Hudson’s Bay from C$11.00 to C$12.00 and gave the company a hold rating in a research note on Wednesday. Royal Bank of Canada lifted their price objective on shares of Hudson’s Bay from C$10.00 to C$11.00 and gave the company a sector perform rating in a research note on Wednesday. Finally, Scotiabank lifted their price objective on shares of Hudson’s Bay from C$10.00 to C$11.00 and gave the company a sector perform rating in a research note on Wednesday, June 6th. Six investment analysts have rated the stock with a hold rating, The stock has an average rating of Hold and a consensus target price of C$11.44.

HBC stock opened at C$11.05 on Thursday. Hudson’s Bay has a 52 week low of C$8.02 and a 52 week high of C$13.43.

About Hudson’s Bay

Hudson's Bay Company owns and operates department stores in Canada, the United States, and Europe. Its stores offers fashion apparels, accessories, cosmetics, and home products. The company operates its stores under the Hudson'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.

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Analyst Recommendations for Hudson`s Bay (TSE:HBC)

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