Into the Fray: Investors are Watching Increased Activity for Macy’s, Inc. (NYSE:M)

Recent session action on shares of Macy’s, Inc. (NYSE:M) puts the stock on today’s active list. Since the open, shares have moved 2.64% after recently hitting the $22.58 mark.

Digging a bit further, company shares have been noted -50.28% off the 52 week high and 16.85% away from the 52 week low. Looking at a shorter time period, shares have been seen -7.65% away from the 50 day high and 16.85% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of Macy’s, Inc. (NYSE:M). At the time of writing, the First Call consensus price target for the company is $24.29. The current consensus recommendation provided by covering analysts is 2.80.

This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Since the beginning of the calendar year, the stock is -36.94%. For the quarter, shares have been noted at -1.53%. Share performance for the month is currently at 12.12%.

Tightening the gaze, stock performance for the last 5 trading days is 5.91%.

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