Hudson's Bay Co (TSE:HBC)‘s stock had its “outperform” rating reiterated by investment analysts at BMO Capital Markets in a research report issued on Tuesday. They currently have a C$25.00 price target on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 112.77% from the stock’s current price.

HBC has been the topic of several other reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$9.00 price objective on shares of Hudson's Bay Co in a report on Wednesday, August 30th. Canaccord Genuity dropped their price objective 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 report on Thursday, September 7th. TD Securities upped their price objective on shares of Hudson's Bay Co from C$10.00 to C$12.50 and gave the company a “hold” rating in a report on Friday, July 21st. National Bank Financial upped their price objective 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. Finally, CIBC upped their price objective on shares of Hudson's Bay Co from C$10.50 to C$12.50 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. Hudson's Bay Co presently has a consensus rating of “Hold” and a consensus price target of C$14.61.

Hudson's Bay Co (HBC) traded up C$0.01 during midday trading on Tuesday, reaching C$11.75. 127,984 shares of the company’s stock traded hands, compared to its average volume of 630,332. Hudson's Bay Co has a 1-year low of C$8.08 and a 1-year high of C$15.35.

COPYRIGHT VIOLATION NOTICE: “Hudson's Bay Co’s (HBC) Outperform Rating Reiterated at BMO Capital Markets” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/11/14/hudsons-bay-co-hbc-given-a-c25-00-price-target-by-bmo-capital-markets-analysts.html.

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

Receive News & Ratings for Hudson's Bay Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson's Bay Co and related companies with MarketBeat.com's FREE daily email newsletter.