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Shares of J.C. Penney Company (NYSE:JCP) have earned an average rating of “Hold” from the twenty ratings firms that are covering the company, AnalystRatings.Net reports. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $8.03.

Shares of J.C. Penney Company (NYSE:JCP) traded up 0.36% on Tuesday, hitting $9.625. The stock had a trading volume of 4,811,793 shares. J.C. Penney Company has a one year low of $4.90 and a one year high of $14.65. The stock has a 50-day moving average of $8.97 and a 200-day moving average of $8.20. The company’s market cap is $2.933 billion.

J.C. Penney Company (NYSE:JCP) last posted its earnings results on Thursday, May 15th. The company reported ($1.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($1.25) by $0.10. The company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.71 billion. Analysts expect that J.C. Penney Company will post $-2.77 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Craig Hallum upgraded shares of J.C. Penney Company from a “sell” rating to a “hold” rating in a research note on Monday. They now have a $10.00 price target on the stock. Separately, analysts at Wells Fargo & Co. downgraded shares of J.C. Penney Company from a “market perform” rating to an “underperform” rating in a research note on Tuesday, May 20th. They now have a $5.00 price target on the stock, down previously from $6.00. They noted that the move was a valuation call. Finally, analysts at Nomura set a $8.00 price target on shares of J.C. Penney Company in a research note on Friday, May 16th.

J. C. Penney Company, Inc is a holding company whose principal operating subsidiary is J. C. Penney Corporation, Inc (NYSE:JCP).

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