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Enter Symbol:
 
J.c. Penney Company, Inc. Holding Company (JCP) [hlAlert]

Rating:
Neutral JCP

J.c. Penney Company, Inc. Holding Company (JCP) downgraded to Neutral by Buckingham Research

Posted on: Friday,  Sep 27, 2013  9:25 AM ET by Buckingham Research

Buckingham Research rated Neutral J.c. Penney Company, Inc. Holding Company (NYSE: JCP) on 09/27/2013. Previously Buckingham Research rated Buy J.c.
Penney Company, Inc. Holding Company (NYSE: JCP) on 04/15/2013., when the stock price was $14.46. Since then, J.c. Penney Company, Inc. Holding Company has lost 34.51% of its value until Buckingham Research rated JCP Buy on 09/27/2013, when the price was $9.47. .

J.C. Penney Company, Inc. is a major retailer operating in the U.S., Puerto Rico, Mexico and Chile. The company also has majority interest in a Brazilian department store chain. The major portion of the company's business consists of providing merchandise and services to consumers through department stores that include catalog departments. The company markets predominantly family apparel, jewelry, shoes, accessories, and home furnishings. The company also has several direct marketing subsidiaries, the principal of which is J.C. Penney Life Insurance Company.

Buckingham Research
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2015 10:25 AM Buy
None
8.85
as of 12/13/2013
1 Week   
1 Month   
3 Months down  -31.47 %
1 YTD down  -34.50 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/27/2013 9:25 AM Hold
None
9.47
4/15/2013 9:25 AM Buy
None
14.46

(*) Stock Price at the time of the recommendation.
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