Hudson's Bay Co (TSE:HBC) had its price objective boosted by equities researchers at Royal Bank Of Canada from C$10.00 to C$12.00 in a note issued to investors on Wednesday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 2.13% from the stock’s previous close.

HBC has been the topic of several other reports. CIBC boosted their price target on shares of Hudson's Bay Co from C$10.50 to C$12.50 in a research report on Thursday, September 7th. Canaccord Genuity cut their price target on shares of Hudson's Bay Co from C$11.00 to C$9.00 and set a “hold” rating on the stock in a research report on Thursday, September 7th. TD Securities boosted their price target on shares of Hudson's Bay Co from C$10.00 to C$12.50 and gave the stock a “hold” rating in a research report on Friday, July 21st. Scotiabank boosted their price target on shares of Hudson's Bay Co from C$12.00 to C$13.00 and gave the stock a “sector perform” rating in a research report on Thursday, September 7th. Finally, National Bank Financial upped their target price on shares of Hudson's Bay Co from C$10.00 to C$13.00 and gave the company a “sector perform” rating in a report on Thursday, September 7th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of C$14.94.

Shares of Hudson's Bay Co (TSE HBC) traded down 1.92% during midday trading on Wednesday, hitting $11.75. The stock had a trading volume of 701,616 shares. The firm’s market capitalization is $2.15 billion. The company’s 50 day moving average price is $12.44 and its 200-day moving average price is $11.28. Hudson's Bay Co has a 1-year low of $8.08 and a 1-year high of $17.05.

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In related news, insider Donald William Watros sold 71,200 shares of the company’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of C$10.60, for a total value of C$754,720.00.

Hudson's Bay Co Company Profile

Hudson’s Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company’s retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores.

Analyst Recommendations for Hudson's Bay Co (TSE:HBC)

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