, Tracking Stock Market Picks
Enter Symbol:
Rating: JCP
Sell $7
down 13.00 %

J.c. Penney Company, Inc. Holding Company (NYSE: JCP) reiterated to Sell with price target $7 by UBS

Thursday,  May 14, 2015  12:25 PM ET by Dave Ficere

UBS reiterated J.c. Penney Company, Inc. Holding Company (NYSE: JCP) to Sell with price target $7. Previously UBS rated Sell with price target $5 J.c. Penney Company,
Inc. Holding Company (NYSE: JCP) on 10/13/2014, when the stock price was $7.34. Since then, J.c. Penney Company, Inc. Holding Company's stock price has gained 13% as of 05/14/2015's recent price of $8.31.
If you would have followed the previous UBS's recommendation on JCP, you would have lost 13% of your investment in 213 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.

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