Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

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J C Penney Company Inc (JCP) Given Average Rating of “Hold” by Brokerages

https://sportsperspectives.com/2017/04/30/brokerages-set-j-c-penney-company-inc-jcp-pt-at-8-60-updated.html

J C Penney Company Inc (NYSE:JCP) has received a consensus recommendation of “Hold” from the twenty-four research firms that are presently covering the stock. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $8.60.

Several equities research analysts have issued reports on the company. Robert W. Baird set a $11.00 price objective on J C Penney Company and gave the stock a “buy” rating in a report on Sunday, January 8th. Piper Jaffray Companies set a $7.00 price target on J C Penney Company and gave the company a “hold” rating in a report on Saturday, March 11th. B. Riley reiterated a “buy” rating and issued a $12.00 price target on shares of J C Penney Company in a report on Monday, January 9th. Susquehanna Bancshares Inc reiterated a “positive” rating on shares of J C Penney Company in a report on Tuesday, February 28th. Finally, Oppenheimer Holdings Inc. reiterated a “market perform” rating on shares of J C Penney Company in a report on Tuesday, February 28th.