Kohl's (NYSE:KSS) has been assigned a $57.00 price objective by research analysts at Robert W. Baird in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Robert W. Baird’s price objective suggests a potential upside of 0.23% from the stock’s previous close.
KSS has been the subject of a number of other reports. Royal Bank of Canada set a $39.00 target price on shares of Kohl's and gave the company a “sell” rating in a report on Tuesday, August 29th. ValuEngine cut shares of Kohl's from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Cowen reaffirmed a “market perform” rating and issued a $47.00 target price (up from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup increased 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. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $50.00 target price on shares of Kohl's in a report on Wednesday, September 27th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $43.26.
Shares of Kohl's (NYSE:KSS) traded up $3.21 during trading hours on Monday, reaching $56.87. 5,796,501 shares of the company were exchanged, compared to its average volume of 4,442,711. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The firm has a market capitalization of $9,550.00, a P/E ratio of 15.08, a P/E/G ratio of 2.14 and a beta of 1.24. Kohl's has a 1 year low of $35.16 and a 1 year high of $57.28.
In other news, Director Jonas Prising bought 4,725 shares of the stock in a transaction on Wednesday, November 15th. The stock was purchased at an average cost of $42.35 per share, with a total value of $200,103.75. Following the purchase, the director now owns 8,661 shares of the company’s stock, valued at $366,793.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares of the company’s stock, valued at $1,182,546. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN boosted its holdings in shares of Kohl's by 10.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,117,215 shares of the company’s stock valued at $159,213,000 after purchasing an additional 377,438 shares during the last quarter. Strs Ohio boosted its holdings in shares of Kohl's by 48.9% in the 3rd quarter. Strs Ohio now owns 152,264 shares of the company’s stock valued at $6,950,000 after purchasing an additional 50,000 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Kohl's by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after purchasing an additional 186,046 shares during the last quarter. HGK Asset Management Inc. boosted its holdings in shares of Kohl's by 5.0% in the 2nd quarter. HGK Asset Management Inc. now owns 281,319 shares of the company’s stock valued at $10,879,000 after purchasing an additional 13,470 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. boosted its holdings in shares of Kohl's by 11.3% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 89,977 shares of the company’s stock valued at $3,479,000 after purchasing an additional 9,165 shares during the last quarter.
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About Kohl's
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.
