Retailers Stocks Under Review -- J.C. Penney, Macy's, Kohl's, and TJX Cos.

09 Sep, 2016, 07:30 ET from Chelmsford Park SA

NEW YORK, September 9, 2016 /PRNewswire/ --

The Department Stores industry has been facing enormous pressure for several years now, with stock prices of some major department stores underperforming the S&P 500 Index year-to-date. Stock-Callers.com takes a look at four familiar stocks and see how they have fared in recent weeks: J. C. Penney Co. Inc. (NYSE: JCP), Macy's Inc. (NYSE: M), Kohl's Corp. (NYSE: KSS), and The TJX Cos. Inc. (NYSE: TJX). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration

J.C. Penney  

At the close on Thursday, shares in J. C. Penney Co. Inc. saw a decline of 1.80%, ending the day at $9.81. The stock recorded a trading volume of 17.59 million shares, which was above its three months average volume of 14.00 million shares. The Company's shares have advanced 5.03% in the last one month, 16.51% in the previous three months, and 47.30% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.27% and 12.26%, respectively. Moreover, shares of J. C. Penney, which through its subsidiary, J. C. Penney Corp. Inc., sells merchandise through department stores in the US, have a Relative Strength Index (RSI) of 52.44.

On August 15th, 2016, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $12 a share to $13 a share.

On August 18th, 2016, JCPenney announced that it will open its first-ever global in-house center in Bangalore, India. An extension of its Home Office in Plano, Texas, U.S.A., the center will be responsible for enhancing a variety of key business functions, including IT and digital. These teams will support new technologies, deliver business insights through analytics and assist with accelerating innovation. Sign up and read the free research report on JCP at: http://stock-callers.com/registration/?symbol=JCP

Macy's  

Shares in Ohio-based Macy's Inc. ended the day 3.20% lower at $36.00. A total volume of 7.55 million shares was traded, which was higher than their three months average volume of 7.42 million shares. In the last month and the previous three months, the stock has gained 6.57% and 8.38%, respectively. Moreover, the Company's shares have advanced 4.95% since the start of this year. The stock is trading below its 50-day moving average by 0.52%. Furthermore, shares of Macy's, which together with its subsidiaries, operates stores, Websites, and mobile applications in the US, have an RSI of 42.60.

On August 12th, 2016, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $36 a share to $42 a share.

On August 18th, 2016, Macy's announced that Richard A. Lennox has been named Macy's Chief Marketing Officer, effective September 15th, 2016. He will report to Macy's, Inc. President Jeff Gennette and join the company's Executive Committee. In his new role, Lennox will be responsible for Macy's omnichannel market presence and strategy. The complimentary research report on M can be downloaded at: http://stock-callers.com/registration/?symbol=M

Kohl's  

On Thursday, shares in Wisconsin headquartered Kohl's Corp. finished 2.63% lower at $43.01 with a total trading volume of 3.75 million shares. The stock has advanced 15.40% in the last one month and 16.20% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 5.48% and 1.69%, respectively. Additionally, shares of Kohl's, which operates department stores in the US, have an RSI of 50.73.

On August 12th, 2016, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $44 a share to $51 a share.

On September 07th, 2016, Kohl's announced that it has closed the purchase of a building for a new e-commerce distribution center located at 9998 All Points Parkway in Plainfield, Ind. expected to open in summer 2017, the 937,000-square-foot facility will enhance the company's ability to fulfill Kohls.com purchases and serve customers nationwide. Register for free on Stock-Callers.com and access the latest report on KSS at: http://stock-callers.com/registration/?symbol=KSS

The TJX Cos. 

Framingham, Massachusetts headquartered The TJX Cos. Inc.'s shares recorded a trading volume of 4.93 million shares at the end of yesterday's session, which was above their three months average volume of 3.33 million shares. The stock closed the day at $76.22, declining 1.72%. The Company's shares have advanced 8.53% on an YTD basis. The stock is trading above its 200-day moving average by 2.00%. Additionally, shares of TJX Cos., which operates as an off-price apparel and home fashions retailer in the US and internationally, have an RSI at 33.70.

On August 17th, 2016, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $82 a share to $84 a share. Get free access to your research report on TJX at: http://stock-callers.com/registration/?symbol=TJX

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