Macy’s (M) might have something in store for us.
What’s up with Macy’s?
Macy’s (M) opened at $6.00, which means the stock is down 3.46% from yesterday’s closing price of 6.07. Today, the company has a high of $6.00 and a low of $5.58. The company has a market cap of $1.815 billion with a 52-week high of $23.62 and a 52-week low of $4.38.
What about the future forMacy’s
The high forecast for Macy’s is 20.00 while the low is 4.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Macy’s has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future.. Based on this information M seems to be a safe buy.
Macy’s is America’s Department Store, an iconic brand and retail industry leader. Macy’s customers come to its stores, e-commerce site and mobile app for fashion, value and high-quality products. Macy’s is proud of its heritage and the unique role it plays in American culture and tradition.