Kohl’s (NYSE:KSS) Price Target Raised to $27.00

Kohl’s (NYSE:KSS) had its price objective hoisted by Morgan Stanley from $15.00 to $27.00 in a report issued on Thursday, The Fly reports. They currently have an underweight rating on the stock.

Other analysts have also recently issued research reports about the company. Smith Barney Citigroup boosted their price target on Kohl’s from $21.00 to $33.00 in a research report on Wednesday. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their target price on Kohl’s from $21.00 to $33.00 in a report on Wednesday. UBS Group cut Kohl’s from a neutral rating to a sell rating and decreased their target price for the stock from $17.50 to $14.00 in a research report on Wednesday, July 22nd. Gordon Haskett raised shares of Kohl’s from a reduce rating to a hold rating and set a $28.00 price target on the stock in a research report on Tuesday, November 17th. Finally, Credit Suisse Group upped their price objective on shares of Kohl’s from $23.00 to $30.00 and gave the stock a neutral rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the stock. Kohl’s presently has an average rating of Hold and an average target price of $31.82.

KSS opened at $28.41 on Thursday. The stock has a fifty day moving average price of $22.25 and a 200 day moving average price of $21.19. The company has a current ratio of 2.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.99. Kohl’s has a 1 year low of $10.89 and a 1 year high of $51.60. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of -40.59 and a beta of 1.68.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Monday, November 16th. The company reported $0.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.43) by $0.44. Kohl’s had a negative return on equity of 2.15% and a negative net margin of 0.61%. During the same quarter in the prior year, the firm posted $0.74 earnings per share. As a group, sell-side analysts forecast that Kohl’s will post -3.34 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio boosted its stake in shares of Kohl’s by 5.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 61,159 shares of the company’s stock valued at $1,133,000 after purchasing an additional 3,259 shares in the last quarter. Voloridge Investment Management LLC grew its stake in Kohl’s by 100.0% during the third quarter. Voloridge Investment Management LLC now owns 1,442,717 shares of the company’s stock worth $26,734,000 after buying an additional 721,262 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Kohl’s by 5.7% during the third quarter. California State Teachers Retirement System now owns 305,711 shares of the company’s stock worth $5,665,000 after buying an additional 16,394 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Kohl’s in the third quarter valued at approximately $1,681,000. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Kohl’s by 109.2% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 522,885 shares of the company’s stock worth $9,689,000 after acquiring an additional 272,905 shares in the last quarter. Hedge funds and other institutional investors own 81.34% of the company’s stock.

Kohl’s Company Profile

Kohl's Corporation operates as a retail company in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, and Simply Vera Vera Wang.

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Analyst Recommendations for Kohl`s (NYSE:KSS)

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