Kohl’s (NYSE:KSS)‘s stock had its “buy” rating reaffirmed by analysts at Bank of America in a report released on Wednesday. They currently have a $80.00 price objective on the stock. Bank of America‘s target price would indicate a potential upside of 16.84% from the stock’s current price.
Other analysts have also issued research reports about the stock. Cowen reiterated a “buy” rating and issued a $82.00 price objective on shares of Kohl’s in a research note on Wednesday, November 21st. Credit Suisse Group cut their price objective on shares of Kohl’s from $78.00 to $67.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 21st. Piper Jaffray Companies set a $68.00 price objective on shares of Kohl’s and gave the stock a “hold” rating in a research note on Wednesday, November 21st. Atlantic Securities upgraded shares of Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 price objective on the stock in a research note on Wednesday, March 6th. Finally, Guggenheim reiterated a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a research note on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $75.58.
Shares of Kohl’s stock opened at $68.47 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 0.50 and a debt-to-equity ratio of 0.61. Kohl’s has a 12-month low of $57.89 and a 12-month high of $83.28. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 12.23, a P/E/G ratio of 1.62 and a beta of 0.77.
A number of hedge funds and other institutional investors have recently made changes to their positions in KSS. Truehand Inc purchased a new stake in Kohl’s during the fourth quarter worth $26,000. Loeb Partners Corp purchased a new stake in Kohl’s during the fourth quarter worth $28,000. We Are One Seven LLC purchased a new stake in Kohl’s during the fourth quarter worth $47,000. Capital Investment Advisory Services LLC purchased a new stake in Kohl’s during the fourth quarter worth $51,000. Finally, Daiwa SB Investments Ltd. boosted its holdings in Kohl’s by 26.3% during the fourth quarter. Daiwa SB Investments Ltd. now owns 1,010 shares of the company’s stock worth $67,000 after buying an additional 210 shares in the last quarter.
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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