Kohl’s Corporation (NYSE:KSS) had its price target lifted by equities researchers at Deutsche Bank AG from $38.00 to $39.00 in a research report issued on Tuesday. The brokerage currently has a “hold” rating on the stock. Deutsche Bank AG’s price target points to a potential downside of 8.71% from the company’s previous close.

A number of other equities analysts have also commented on the stock. OTR Global reaffirmed a “sell” rating on shares of Kohl’s Corporation in a research report on Tuesday. Zacks Investment Research raised shares of Kohl’s Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. BidaskClub raised shares of Kohl’s Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $48.00 price target on shares of Kohl’s Corporation in a research report on Sunday, July 30th. Finally, Royal Bank Of Canada reaffirmed a “sell” rating and set a $39.00 price target on shares of Kohl’s Corporation in a research report on Monday, July 24th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $42.64.

Kohl’s Corporation (NYSE:KSS) traded up 1.83% during mid-day trading on Tuesday, reaching $43.50. 889,637 shares of the company’s stock traded hands. The firm has a market cap of $7.42 billion, a PE ratio of 12.60 and a beta of 1.16. The firm has a 50 day moving average of $38.65 and a 200 day moving average of $39.30. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings data on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.10. The company had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.91 billion. Kohl’s Corporation had a net margin of 3.25% and a return on equity of 13.29%. The company’s revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 earnings per share. Analysts forecast that Kohl’s Corporation will post $3.67 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This article was first reported by American Banking News and is owned by of American Banking News. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/08/08/deutsche-bank-ag-boosts-kohls-corporation-kss-price-target-to-39-00.html.

A number of large investors have recently bought and sold shares of KSS. BlackRock Inc. increased its stake in Kohl’s Corporation by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock valued at $732,277,000 after buying an additional 17,714,714 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Kohl’s Corporation by 133.8% in the first quarter. Ameriprise Financial Inc. now owns 5,727,341 shares of the company’s stock valued at $228,005,000 after buying an additional 3,277,850 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Kohl’s Corporation by 48.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,809,881 shares of the company’s stock valued at $191,493,000 after buying an additional 1,567,414 shares in the last quarter. Morgan Stanley increased its stake in Kohl’s Corporation by 45.1% in the first quarter. Morgan Stanley now owns 4,703,551 shares of the company’s stock valued at $187,248,000 after buying an additional 1,461,596 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Kohl’s Corporation by 7.1% in the first quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock valued at $754,646,000 after buying an additional 1,254,285 shares in the last quarter.

About Kohl’s Corporation

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Analyst Recommendations for Kohl`s Corporation (NYSE:KSS)

Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with MarketBeat.com's FREE daily email newsletter.