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Hudson's Bay Co. HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Post by talladega10on Sep 17, 2017 10:08am
136 Views
Post# 26706280

There is a lot of chatter on this board

There is a lot of chatter on this boardabout HBC being grossly undervalued but with exception of a couple of security analysts (BMO $28 comes to mind) the average price forecast is in the low to mid teen range. It will be interesting to watch how this mystery unfolds but I would be happy with anything in the low twenty range although a $35 number is a popular guess, but maybe not realistic.
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