, Tracking Stock Market Picks
Enter Symbol:
Rating: JCP
down 27.00 %

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

Thursday,  Dec 10, 2015  10:25 AM ET by Betsy O'Brien Harrison

Nomura upgraded J.c. Penney Company, Inc. Holding Company (NYSE: JCP) to Neutral. Previously Nomura upgraded to J.c. Penney Company, Inc. Holding Company (NYSE: JCP) to Reduce
on 02/13/2014, when the stock price was $5.99. Since then, J.c. Penney Company, Inc. Holding Company's stock price has gained 27% 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 27% 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.


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