Kohl’s Corp. PT Raised to $60.00 (KSS)
Investment analysts at Barclays Capital upped their price target on shares of Kohl’s Corp. (NYSE:KSS) from $57.00 to $60.00 in a note issued to investors on Tuesday, StockRatingsNetwork reports. The firm currently has an “overweight” rating on the stock. Barclays Capital’s target price points to a potential upside of 15.94% from the stock’s previous close.
KSS has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of Kohl’s Corp. (NYSE:KSS) in a research note to investors on Tuesday, September 24th. They now have a $63.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Kohl’s Corp. (NYSE:KSS) in a research note to investors on Friday, September 6th. They now have a $55.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Kohl’s Corp. (NYSE:KSS) in a research note to investors on Wednesday, September 4th. They set a “sell” rating and a $45.00 price target on the stock. Four analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $52.96.
Shares of Kohl’s Corp. (NYSE:KSS) traded up 0.71% during mid-day trading on Tuesday, hitting $52.12. 843,237 shares of the company’s stock traded hands. Kohl’s Corp. has a 52 week low of $41.35 and a 52 week high of $55.25. The stock has a 50-day moving average of $51.69 and a 200-day moving average of $50.59. The company has a market cap of $11.320 billion and a P/E ratio of 12.09.
Kohl’s Corp. (NYSE:KSS) last issued its quarterly earnings data on Thursday, August 15th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by $0.01. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts predict that Kohl’s Corp. will post $4.25 earnings per share for the current fiscal year.
Kohl’s Corporation (NYSE:KSS) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
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