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Kohl's Co. (NYSE:KSS) shares hit a new 52-week high on Thursday , American Banking & Market News reports. The stock traded as high as $60.55 and last traded at $60.23, with a volume of 1,910,083 shares trading hands. The stock had previously closed at $59.14.

A number of research firms have recently commented on KSS. Analysts at Maxim Group upgraded shares of Kohl's Co. from a “hold” rating to a “buy” rating in a research note on Wednesday. They now have a $68.00 price target on the stock, up previously from $48.00. Separately, analysts at Stifel Nicolaus raised their price target on shares of Kohl's Co. from $60.00 to $68.00 in a research note on Friday, August 22nd. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Kohl's Co. from $55.00 to $62.00 in a research note on Thursday, August 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $61.85.

The stock’s 50-day moving average is $55.45 and its 200-day moving average is $54.5. The company has a market cap of $12.369 billion and a P/E ratio of 14.41.

Kohl's Co. (NYSE:KSS) last posted its quarterly earnings results on Thursday, August 14th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the 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 $4.29 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 24th. Stockholders 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 2.64%. The ex-dividend date of this dividend is Monday, September 8th.

In other Kohl's Co. news, CFO Wesley S. Mcdonald unloaded 11,300 shares of Kohl's Co. stock on the open market in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $58.99, for a total transaction of $666,587.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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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