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

Rating:
Neutral JCP
down 20.97 %

J.c. Penney Company, Inc. Holding Company (JCP) upgraded to Neutral by Nomura

Posted on: Thursday,  Dec 10, 2015  10:25 AM ET by Nomura

Nomura rated Neutral J.c. Penney Company, Inc. Holding Company (NYSE: JCP) on 12/10/2015. Previously Nomura rated Reduce J.c. Penney Company, Inc. Holding Company (NYSE:
JCP) on 02/13/2014., when the stock price was $5.99. Since then, J.c. Penney Company, Inc. Holding Company has gained 26.54% as of 12/10/2015's recent price of $7.58.
If you would have followed the previous Nomura's recommendation on JCP, you would have lost 20.97% of your investment in 665 days.

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.

Nomura
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/10/2015 10:25 AM Hold
None
7.58
as of 8/27/2015
1 Week down  -3.29 %
1 Month up  4.07 %
3 Months down  -5.34 %
1 YTD down  -41.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2014 8:25 AM Sell
None
5.99

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