Kohl's (NYSE:KSS) had its target price increased by Bank of America from $68.00 to $70.00 in a research note issued on Thursday. The brokerage presently has a “buy” rating on the stock. Bank of America’s price target would indicate a potential upside of 12.52% from the company’s current price.
Several other research analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Monday, October 16th. Robert W. Baird raised shares of Kohl's from a “neutral” rating to an “outperform” rating and increased their price target for the company from $46.00 to $47.00 in a report on Friday, November 10th. Jefferies Group reissued a “buy” rating on shares of Kohl's in a report on Monday, December 18th. Northcoast Research started coverage on shares of Kohl's in a report on Friday, December 8th. They issued a “neutral” rating on the stock. Finally, Royal Bank of Canada reissued a “sell” rating on shares of Kohl's in a report on Sunday, November 12th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $55.50.
Kohl's (NYSE:KSS) traded down $0.71 during trading on Thursday, reaching $62.21. 2,082,357 shares of the company’s stock traded hands, compared to its average volume of 4,238,541. The company has a market cap of $10,330.00, a PE ratio of 16.50, a P/E/G ratio of 2.03 and a beta of 1.35. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. Kohl's has a 52-week low of $35.16 and a 52-week high of $69.14.
In related news, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total value of $224,716.05. Following the transaction, the director now directly owns 21,960 shares of the company’s stock, valued at $1,182,546. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonas Prising acquired 4,725 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the purchase, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by company insiders.
Large investors have recently made changes to their positions in the stock. Hourglass Capital LLC acquired a new stake in Kohl's in the fourth quarter valued at approximately $244,000. Pinnacle Financial Partners Inc. boosted its position in Kohl's by 10.2% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 53,094 shares of the company’s stock valued at $2,879,000 after buying an additional 4,911 shares in the last quarter. Sei Investments Co. boosted its position in Kohl's by 18.7% in the fourth quarter. Sei Investments Co. now owns 170,288 shares of the company’s stock valued at $9,235,000 after buying an additional 26,853 shares in the last quarter. Old Mutual Global Investors UK Ltd. boosted its position in Kohl's by 295.0% in the fourth quarter. Old Mutual Global Investors UK Ltd. now owns 89,740 shares of the company’s stock valued at $4,866,000 after buying an additional 67,021 shares in the last quarter. Finally, Brookstone Capital Management boosted its position in Kohl's by 1,382.6% in the fourth quarter. Brookstone Capital Management now owns 111,940 shares of the company’s stock valued at $6,071,000 after buying an additional 104,390 shares in the last quarter.
Kohl's Company Profile
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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