In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Macy’s (M – Research Report). The company’s shares closed yesterday at $19.95.
Telsey covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, Wolverine World Wide, and Macy’s. According to TipRanks, Telsey has an average return of 3.0% and a 45.00% success rate on recommended stocks.
Macy’s has an analyst consensus of Moderate Buy, with a price target consensus of $19.31, a -3.21% downside from current levels. In a report released today, Citi also maintained a Hold rating on the stock with a $22.00 price target.
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The company has a one-year high of $22.23 and a one-year low of $10.45. Currently, Macy’s has an average volume of 10.17M.
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Macy’s (M) Company Description:
Macy’s, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. Its brands include Macy’s, Bloomingdale’s, and Bluemercury. It offers men’s, women’s, and children’s apparel, women’s accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in Cincinnati, OH.
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