Kohl’s Corp. Upgraded to Hold at Deutsche Bank (KSS)
Kohl’s Corp. (NYSE:KSS) was upgraded by stock analysts at Deutsche Bank to a “hold” rating in a report issued on Tuesday, AnalystRatings.Net reports.
A number of other analysts have also recently weighed in on KSS. Analysts at Barclays raised their price target on shares of Kohl’s Corp. from $57.00 to $60.00 in a research note to investors on Tuesday, October 1st. They now have an “overweight” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Kohl’s Corp. in a research note to investors on Tuesday, September 24th. They now have a $63.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Kohl’s Corp. in a research note to investors on Friday, September 6th. They now have a $55.00 price target on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $53.88.
Shares of Kohl’s Corp. (NYSE:KSS) traded down 0.33% during mid-day trading on Tuesday, hitting $54.74. 2,461,354 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 $51.84 and a 200-day moving average of $50.13. The company has a market cap of $11.889 billion and a price-to-earnings ratio of 12.83.
Kohl’s Corp. (NYSE:KSS) last posted its quarterly earnings results 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 previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Analysts expect that Kohl’s Corp. will post $4.24 EPS 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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