Deutsche Bank Indicates Potential 27.46% Increase In Shares Of JC Penney Company

Paterniano Del Favero
Mag 17, 2017

The company has market cap of $21.57 million. It now has negative earnings. With 16.80M avg volume, 6 days are for JC Penney Company Incorporated (NYSE:JCP)'s short sellers to cover JCP's short positions.

The company's consensus rating on Reuter's scale remained unchanged from 1.78 to 1.78 during a month.

Stock has got outperform rating from 2 analysts of Thomson Reuters whereas 4 analysts given hold rating to the stock.

J. C. Penney Company, Inc is a holding company. (JCP) now trades with a market capitalization of $1.56 Billion. The Company's business consists of selling merchandise and services to clients through its department stores and its Website at jcpenney.com. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. Therefore 42% are positive.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. The company was maintained on Wednesday, August 24 by Citigroup. The company was downgraded on Tuesday, August 25 by Zacks. Goldman Sachs has "Sell" rating and $9 target. The rating was maintained by JP Morgan with "Neutral" on Friday, May 6. Cowen & Co upgraded Colfax Corp (NYSE:CFX) rating on Friday, December 11.

Investors sentiment increased to 1.14 in Q4 2016.

Altschwager said he upgraded J.C. Penney last May because he saw a trading opportunity as the company implemented growth initiatives, lowered costs and de-risked the balance sheet under a talented new management team. 40 funds opened positions while 59 raised stakes. Gotham Asset Mgmt Ltd reported 5,587 shares. Manufacturers Life Ins The reported 419,660 shares. The stock went down -0.25% at some stage in past quarter. Susquehanna Intll Gru Llp reported 66,175 shares. Lmr Prtnrs Limited Liability Partnership holds 0.05% or 39,192 shares in its portfolio. High growth rates in EPS are more reliable in the case of "matured companies" which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run. Credit Suisse Ag accumulated 407,491 shares.

J C Penney Company Inc (NYSE:JCP) gained 4.72% to $4.55 in the current trading session.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, JCP earned gross profit of 4.26 Billion, in 2015 4.55 Billion gross profit, while in 2016 J. C. Penney Company, Inc. Bancshares Of America De reported 1.34 million shares stake. Perhaps, that suggests something about why 4.63% of the outstanding share supply is held by institutional investors. Ontario Teachers Pension Plan Board invested in 0% or 13,420 shares. (NYSE:JCP) (TREND ANALYSIS) shares were traded with a doubled volume.

What Analyst say about SUPERVALU Inc.

According to 18 analysts, J C Penney Company Inc (NYSE:JCP)'s revenue estimates for the current quarter are $2.77B meanwhile the company has high revenue estimates of $2.82B in contradiction of low revenue estimates of $2.66B. Stock with the highest EPSGR rises fastest in that year as compared to its competitors in the same industry. (JCP) shares have been seen trading -61.59% off its 52 week- peak value and changed -3.12% from its 52 week-bottom price value.

Since January 1, 0001, it had 0 buys, and 1 sale for $8,193 activity.

Inc. (AMZN) put together a solid week, up almost 3%. Park West Asset Management Llc owns 3.22 million shares or 1.78% of their U.S. portfolio. Princeton Alpha Management LP bought a new stake in shares of J C Penney Company during the third quarter valued at about $102,000.

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