Hudson's Bay Co (TSE:HBC) had its target price increased by Royal Bank Of Canada from C$10.00 to C$12.00 in a report published on Tuesday morning. They currently have a sector perform rating on the stock.

Several other equities analysts also recently weighed in on the company. TD Securities raised their price objective on Hudson's Bay Co from C$10.00 to C$12.50 and gave the company a hold rating in a research note on Friday, July 21st. National Bank Financial raised their price objective on Hudson's Bay Co from C$10.00 to C$13.00 and gave the company a sector perform rating in a research note on Thursday, September 7th. CIBC raised their price objective on Hudson's Bay Co from C$10.50 to C$12.50 in a research note on Thursday, September 7th. Scotiabank raised their price objective on Hudson's Bay Co from C$12.00 to C$13.00 and gave the company a sector perform rating in a research note on Thursday, September 7th. Finally, Canaccord Genuity dropped their price objective on Hudson's Bay Co from C$11.00 to C$9.00 and set a hold rating for the company in a research note on Thursday, September 7th. Eight investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of C$14.94.

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In other news, insider Donald William Watros sold 100,000 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of C$10.08, for a total transaction of C$1,008,000.00.

About Hudson's Bay Co

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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