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JC Penney Company, Inc. Holding Company (NYSE:JCP) stock to follow

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The stock of Target Corporation (NYSE:TGT) has "Buy" rating given on Monday, November 9 by Citigroup.

JCP has been the topic of a number of recent research reports. BMO Capital Markets set a $3.00 target price on shares of J.C. Penney Company, Inc.

In other J.C. Penney news, EVP John Joseph Tighe III sold 38,756 shares of the business's stock in a transaction dated Friday, November 18th. J C Penney Company Inc (JCP) has declined 40.00% since November 13, 2016 and is downtrending. Finally, Telsey Advisory Group lowered shares of J.C. Penney Company, Inc. Piper Jaffray Companies set a $4.00 price objective on shares of J.C. Penney Company, Inc. Holding from a "sell" rating to a "hold" rating in a research note on Tuesday, October 17th. BidaskClub upgraded J.C. Penney Company, Inc. The firm now has a "neutral" rating on the department store operator's stock. "Holding Company (JCP) a $3.00 Price Target" was originally published by Week Herald and is owned by of Week Herald. Holding Company (NYSE:JCP) updated its third quarter earnings guidance on Friday. The stock had a trading volume of 54,370,100 shares, compared to its average volume of 19,264,994.

Price to Sale ratio of the company stands at 0.08 while Price to Book Ratio stands at 0.85.

The stock has advanced 34.89% to a low over the previous 12 months and showed declining move -70.48% to a high over the same period. The stock has a market capitalization of $985.05, a price-to-earnings ratio of 11.32 and a beta of 0.53.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.50, compared to 0.64 reported in the same quarter past year. The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.77 billion. The return on assets stands at -1.3%, Return on Equity now is -9.6% and the Return on Investment value is 5.9%. The Legg Mason Asset Management Japan holds 30,600 shares with $1.60M value, up from 12,700 last quarter.

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Analysts await J C Penney Company Inc (NYSE:JCP) to report earnings on February, 23.

Investors are a little more bearish on shares of the company of late at least if you consider the increase in short interest.

ILLEGAL ACTIVITY NOTICE: This report was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this article on another domain, it was illegally stolen and reposted in violation of USA & global trademark and copyright legislation. The legal version of this report can be read at investing/j-c-penney-co-jcp-given-average-recommendation-of-hold-by-analysts/1117825.html. Zacks Investment Research lowered shares of J.C. Penney Company, Inc.

Consequently J.C. Penney Company Inc (NYSE:JCP)'s weekly and monthly volatility is 10.45%, 7.24% respectively. The shares were sold at an average price of $9.33, for a total value of $361,593.48.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -35.5%, and has a solid year to date (YTD) performance of -61.85% which means that the stock is constantly adding to its value from the previous fiscal year end price. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

In related news, Director Javier G. Teruel acquired 135,135 shares of the stock in a transaction on Tuesday, August 22nd. Insiders bought a total of 310,135 shares of company stock worth $1,111,391 over the last quarter. Following the transaction, the director now directly owns 68,123 shares in the company, valued at $246,605.26. The disclosure for this purchase can be found here. Company insiders own 1.02% of the company's stock. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. Quinn Opportunity Partners LLC raised its position in J.C. Penney Company, Inc. Cambridge Investment Research Advisors Inc. now owns 16,721 shares of the department store operator's stock worth $103,000 after acquiring an additional 4,205 shares during the period. Holding by 3.1% during the 2nd quarter. IBM Retirement Fund now owns 31,071 shares of the department store operator's stock valued at $276,000 after buying an additional 467 shares during the period. IL lifted its position in J.C. Penney Company, Inc. Equities analysts predict that J.C. Penney will post $0.06 earnings per share for the current year. Finally, Pinebridge Investments L.P. bought a new stake in J.C. Penney Company, Inc.

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