Kohl's (NYSE:KSS) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.
Other equities research analysts also recently issued reports about the stock. Jefferies Group reaffirmed a “buy” rating and set a $50.00 target price on shares of Kohl's in a research note on Wednesday, September 27th. Cowen reissued a “market perform” rating and issued a $47.00 price objective (up from $42.00) on shares of Kohl's in a research report on Thursday, September 21st. Citigroup upped their target price on shares of Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, September 21st. Telsey Advisory Group upgraded shares of Kohl's from a “market perform” rating to an “outperform” rating and upped their target price for the company from $43.00 to $50.00 in a report on Monday, October 9th. Finally, Royal Bank Of Canada restated a “sell” rating on shares of Kohl's in a report on Sunday, November 12th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $42.74.
Shares of Kohl's (NYSE KSS) opened at $48.05 on Friday. The stock has a market cap of $8,100.27, a P/E ratio of 12.75, a PEG ratio of 1.92 and a beta of 1.24. Kohl's has a 52 week low of $35.16 and a 52 week high of $59.67. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.
In other Kohl's news, Director Jonas Prising purchased 4,725 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the purchase, the director now directly owns 8,661 shares in the company, valued at $366,793.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by corporate insiders.
A number of large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in Kohl's by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock worth $422,066,000 after purchasing an additional 186,046 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Kohl's by 6.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock worth $266,349,000 after acquiring an additional 377,083 shares during the period. Northern Trust Corp lifted its stake in shares of Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock worth $208,851,000 after acquiring an additional 1,396,006 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Kohl's by 13.7% in the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock worth $213,702,000 after acquiring an additional 564,109 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Kohl's by 28.1% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock worth $92,787,000 after acquiring an additional 445,400 shares during the period.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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