A number of research firms have changed their ratings and price targets for Hudson's Bay (TSE: HBC):

  • 12/8/2017 – Hudson's Bay had its price target lowered by analysts at TD Securities from C$13.50 to C$12.50. They now have a “hold” rating on the stock.
  • 12/8/2017 – Hudson's Bay was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a C$11.00 price target on the stock.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at Royal Bank of Canada from C$12.00 to C$11.00. They now have a “sector perform” rating on the stock.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at Scotiabank from C$13.00 to C$12.00. They now have a “sector perform” rating on the stock.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at Canaccord Genuity from C$12.00 to C$11.00. They now have a “hold” rating on the stock.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at CIBC from C$14.00 to C$12.00.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at Cowen Inc from C$14.00 to C$12.00.
  • 12/7/2017 – Hudson's Bay had its price target lowered by analysts at National Bank Financial from C$14.00 to C$12.00. They now have a “sector perform” rating on the stock.
  • 11/14/2017 – Hudson's Bay had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a C$25.00 price target on the stock.
  • 10/31/2017 – Hudson's Bay had its price target raised by analysts at Royal Bank of Canada from C$10.00 to C$12.00. They now have a “sector perform” rating on the stock.
  • 10/25/2017 – Hudson's Bay had its price target raised by analysts at CIBC from C$12.50 to C$14.00.
  • 10/25/2017 – Hudson's Bay had its price target raised by analysts at TD Securities from C$12.50 to C$13.50. They now have a “hold” rating on the stock.
  • 10/25/2017 – Hudson's Bay had its price target raised by analysts at National Bank Financial from C$13.00 to C$14.00. They now have a “sector perform” rating on the stock.
  • 10/25/2017 – Hudson's Bay had its price target raised by analysts at Royal Bank of Canada from C$10.00 to C$12.00. They now have a “sector perform” rating on the stock.

Shares of Hudson's Bay Co (TSE:HBC) opened at C$10.50 on Tuesday. Hudson's Bay Co has a 52 week low of C$8.08 and a 52 week high of C$13.51.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be paid a dividend of $0.013 per share. This represents a $0.05 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Thursday, December 28th. Hudson's Bay’s payout ratio is -3.63%.

In related news, insider Donald William Watros sold 71,200 shares of the business’s stock in a transaction that occurred on 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 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.

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