Department Stores: J.C. Penney Company (NYSE:JCP), Macy’s (NYSE:M), Kohl’s Corporation (NYSE:KSS), Sears Holdings (NASDAQ:SHLD)

J.C. Penney Company Inc (NYSE:JCP)‘s stock had its “” rating reaffirmed by equities research analysts at Telsey Advisory Group in a research note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a $15.00 price target on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 69.88% from the stock’s previous close. J.C. Penney Company, Inc. (NYSE:JCP) shares after opening at $8.63 on last trade day and at the end of the day closed at $8.84. Company price to sales ratio in past twelve months was calculated as 0.23 and price to cash ratio as 1.78. J.C. Penney Company, Inc. (NYSE:JCP) showed a positive weekly performance of 2.31%.

Departmental retailer, Macy’s, Inc. (NYSE:M) recently announced changes to its management, as per which it named its former chief merchandising officer, Jeffrey Gennette as the company’s new president. Macy’s, Inc. (NYSE:M) shares fell 0.37% in last trading session and ended the day on $59.51. M return on equity ratio is recorded as 25.30% and its return on assets is 6.90%. Macy’s, Inc. (NYSE:M) yearly performance is 44.44%.

Elie Tahari is set to be the fifth designer to team up with US department store retailer Kohl’s Corporation (NYSE:KSS) on its DesigNation limited-edition collection. His DesigNation collection will feature dresses, sweaters, knit tops and bottoms in shades of blue, black and ivory, all at value. Retail prices for the collection will range from US$40 to $175. Kohl’s Corporation (NYSE:KSS) shares moved up 0.09% in last trading session and was closed at $56.85, while trading in range of $56.70 – 57.16. Kohl’s Corporation (NYSE:KSS) year to date (YTD) performance is 0.89%.

Kudos to Sears Holdings Corp (NASDAQ:SHLD) for being willing to make changes in an effort to turn its business around. Too bad its recently introduced strategy—“fast fashion”—is going to be too difficult for the struggling retailer to execute. Sears Holdings Corp (NASDAQ:SHLD) weekly performance is 1.36%. On last trading day company shares ended up $48.62. Sears Holdings Corp (NASDAQ:SHLD) distance from 50-day simple moving average (SMA50) is 16.04%. Analysts mean target price for the company is $22.50.

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