Kohl’s Corp. PT Raised to $55.00 at JPMorgan Chase & Co. (KSS)
Stock analysts at JPMorgan Chase & Co. upped their target price on shares of Kohl’s Corp. (NYSE:KSS) from $48.00 to $55.00 in a report issued on Monday, ARN reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 5.93% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at UBS AG upgraded shares of Kohl’s Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $69.00 price target on the stock, up previously from $54.00. Separately, analysts at Deutsche Bank upgraded shares of Kohl’s Corp. to a “hold” rating in a research note to investors on Tuesday, October 22nd. Finally, analysts at Deutsche Bank upgraded shares of Kohl’s Corp. from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, October 22nd. They now have a $50.00 price target on the stock, up previously from $46.00. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $55.46.
Shares of Kohl’s Corp. (NYSE:KSS) traded up 2.85% during mid-day trading on Monday, hitting $58.47. The stock had a trading volume of 3,979,033 shares. Kohl’s Corp. has a 52 week low of $41.35 and a 52 week high of $58.93. The stock has a 50-day moving average of $53.27 and a 200-day moving average of $51.75. The company has a market cap of $12.699 billion and a P/E ratio of 13.29.
Kohl’s Corp. (NYSE:KSS) last announced its earnings results on Thursday, August 15th. The company reported $1.04 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $1.00 earnings per share. Kohl’s Corp.’s revenue was up 2.0% compared to the same quarter last year. Analysts expect that Kohl’s Corp. will post $4.23 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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