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Analysts Recommendations: J.C. Penney Company, Inc. Holding Company (NYSE:JCP)

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.4% and the fifty day Moving Average is 7.29%. Holding Company has its YTD performance of 49.7 Percent. Company shares were Reiterated by Telsey Advisory Group on Aug 15, 2016 to “Outperform”, Firm has raised the Price Target to $ 13 from a previous price target of $12.Shares were Reiterated by Miller Tabak on May 23, 2016 to “Buy” and Lowered the Price Target to $ 13 from a previous price target of $17.Shares were Reiterated by Miller Tabak on May 17, 2016 to “Buy” and Lowered the Price Target to $ 13 from a previous price target of $17.

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J C Penney Company Inc opened for trading at $10.15 and hit $10.37 on the upside on Tuesday, eventually ending the session at $10.13, with a gain of 0.30% or 0.03 points.

In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for J.C. Penney Company, Inc. Holding Company has the Current Quarter Earnings Growth rate of 59.6%. Holding Company has the Market Capitalization of 3.07 Billion.

J.C. Penney Co. (JCP) is in a surprising position over four years following it was nearly run aground by a former chief executive officer: It could be the last department store standing at your local mall, according to Bloomberg. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

United States of America based company, J. C. Penney Company, Inc.’s (JCP)’s latest closing price distance was 14.04% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 7.29% and -0.40% compared with the 20 Day Moving Average. Following the transaction, the Chairman and CEO is left with a stake of 2,557,317 shares, now valued at $25291865. The stock appeared -16.85% below its 52-week highs and is down -5.5% for the last five trades. There are 10 equity research firms suggesting a Hold and 0 consider it Sell. Its yearly sales growth estimates are 2.80%. 21 Analysts reported that the Price Target for J.C. Penney Company, Inc. They also projected Low Price Target as $5 while High Price Target is set at $20. However, the stock managed to close at $9.89, a loss of 0.80% for the day. Ullman Myron E III is second leading insider shareholder, as of Mar 20, 2016 the insider owns 1,273,424 shares of the stock. It maintained return on assets (ROA) for the last twelve months at 48.31%. Holding Company P/E (price to earnings) ratio is 0 and Forward P/E ratio of 12.65. The corporation has an earnings per share (EPS) ratio of -1.35.

J.C. Penney Co. (NYSE:JCP) Chairman Marvin R. Ellison bought 50,000 shares of the business’s stock in a transaction on Thursday, August 25th.

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Robert W. Baird issued their verdict on J C Penney Company Inc (NYSE:JCP) recently.

Pedestrians walk past a JC Penney store at the Queens Center Mall in New York in this