Kohl's Co. Price Target Increased to $64.00 by Analysts at Jefferies Group (KSS)
Investment analysts at Jefferies Group upped their price objective on shares of Kohl's Co. (NYSE:KSS) to $64.00 in a note issued to investors on Tuesday. Jefferies Group’s price objective would indicate a potential upside of 14.63% from the stock’s previous close.
Shares of Kohl's Co. (NYSE:KSS) traded down 0.27% during mid-day trading on Tuesday, hitting $55.68. 660,934 shares of the company’s stock traded hands. Kohl's Co. has a one year low of $48.68 and a one year high of $59.00. The stock’s 50-day moving average is $52.83 and its 200-day moving average is $53.60. The company has a market cap of $11.543 billion and a P/E ratio of 13.90. Kohl's Co. also was the target of some unusual options trading activity on Monday. Investors purchased 11,774 call options on the stock. This represents an increase of approximately 646% compared to the average volume of 1,579 call options.
Kohl's Co. (NYSE:KSS) last announced its earnings results on Thursday, May 15th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.63 by $0.03. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.22 billion. Analysts expect that Kohl's Co. will post $4.26 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at TheStreet upgraded shares of Kohl's Co. to a “buy” rating in a research note on Friday, August 1st. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $58.70.
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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