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Research analysts at JPMorgan Chase & Co. raised their price objective on shares of Kohl's Co. (NYSE:KSS) from $55.00 to $62.00 in a report released on Thursday. JPMorgan Chase & Co.’s price objective indicates a potential upside of 5.30% from the company’s current price.

Kohl's Co. (NYSE:KSS) traded up 0.75% on Thursday, hitting $59.32. 1,403,716 shares of the company’s stock traded hands. Kohl's Co. has a 1-year low of $48.68 and a 1-year high of $59.20. The stock has a 50-day moving average of $53.64 and a 200-day moving average of $53.92. The company has a market cap of $12.101 billion and a P/E ratio of 14.35.

Kohl's Co. (NYSE:KSS) last announced its earnings results on Thursday, August 14th. The company reported $1.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.06. The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.28 billion. On average, analysts predict that Kohl's Co. will post $4.28 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 24th. Investors of record on Wednesday, September 10th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date of this dividend is Monday, September 8th.

A number of other firms have also recently commented on KSS. Analysts at Gilford Securities upgraded shares of Kohl's Co. from a “neutral” rating to a “buy” rating in a research note on Thursday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Kohl's Co. in a research note on Tuesday. They now have a $60.00 price target on the stock. Finally, analysts at MKM Partners reiterated a “buy” rating on shares of Kohl's Co. in a research note on Friday, August 15th. They now have a $64.00 price target on the stock, up previously from $63.00. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $60.73.

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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