Kohl's (NYSE:KSS)‘s stock had its “buy” rating restated by Jefferies Group in a research note issued on Friday. They presently have a $100.00 price target on the stock. Jefferies Group’s target price indicates a potential upside of 54.20% from the company’s current price.
Several other equities analysts also recently commented on KSS. Zacks Investment Research raised shares of Kohl's from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a report on Wednesday. Robert W. Baird set a $70.00 target price on shares of Kohl's and gave the company a “buy” rating in a research note on Tuesday. They noted that the move was a valuation call. BMO Capital Markets set a $60.00 target price on shares of Kohl's and gave the company a “hold” rating in a research note on Friday, January 12th. Royal Bank of Canada upgraded shares of Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 price target on the stock in a report on Friday, January 12th. Finally, JPMorgan Chase & Co. upgraded shares of Kohl's from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $51.00 to $72.00 in a report on Friday, January 12th. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $54.10.
Shares of Kohl's (NYSE:KSS) traded up $0.26 during trading on Friday, reaching $64.85. 2,848,800 shares of the company’s stock traded hands, compared to its average volume of 5,212,117. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30. The stock has a market capitalization of $10,900.00, a PE ratio of 17.20, a PEG ratio of 2.38 and a beta of 1.24. Kohl's has a twelve month low of $35.16 and a twelve month high of $65.23.
In related news, Director Jonas Prising acquired 4,725 shares of Kohl's stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the acquisition, the director now owns 8,661 shares in the company, valued at $366,793.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were 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 owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
A number of large investors have recently modified their holdings of KSS. Franklin Resources Inc. purchased a new stake in Kohl's during the second quarter worth about $2,267,000. Nationwide Fund Advisors increased its stake in Kohl's by 38.1% during the second quarter. Nationwide Fund Advisors now owns 69,451 shares of the company’s stock worth $2,686,000 after purchasing an additional 19,155 shares during the period. Amalgamated Bank increased its stake in Kohl's by 168.2% during the second quarter. Amalgamated Bank now owns 34,423 shares of the company’s stock worth $1,331,000 after purchasing an additional 21,590 shares during the period. Profund Advisors LLC purchased a new stake in Kohl's during the second quarter worth about $221,000. Finally, Thrivent Financial For Lutherans increased its stake in Kohl's by 3.7% during the second quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock worth $265,000 after purchasing an additional 245 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.
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