Kohl's (KSS) Given a $63.00 Price Target at MKM Partners

Kohl's (NYSE:KSS) has been assigned a $63.00 target price by MKM Partners in a report issued on Tuesday, Marketbeat.com reports. The brokerage presently has a “neutral” rating on the stock. MKM Partners’ price target would suggest a potential upside of 0.16% from the company’s previous close.

KSS has been the topic of a number of other reports. ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Robert W. Baird raised Kohl's from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $46.00 to $47.00 in a research note on Friday, November 10th. Royal Bank of Canada raised Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 price target on the stock in a research note on Friday, January 12th. Zacks Investment Research raised Kohl's from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research note on Wednesday, January 17th. Finally, BMO Capital Markets set a $60.00 price target on Kohl's and gave the stock a “hold” rating in a research note on Friday, January 12th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $56.91.

Kohl's (NYSE KSS) traded up $1.78 during mid-day trading on Tuesday, reaching $62.90. The company had a trading volume of 2,195,527 shares, compared to its average volume of 4,290,000. Kohl's has a fifty-two week low of $35.16 and a fifty-two week high of $69.14. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. The firm has a market cap of $10,570.00, a P/E ratio of 16.68, a P/E/G ratio of 1.97 and a beta of 1.35.

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 bought at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the 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 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.

Several institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of Kohl's by 3.8% during the fourth quarter. BlackRock Inc. now owns 18,729,042 shares of the company’s stock valued at $1,015,677,000 after acquiring an additional 680,124 shares during the last quarter. LSV Asset Management increased its position in shares of Kohl's by 2.0% during the fourth quarter. LSV Asset Management now owns 6,566,130 shares of the company’s stock valued at $356,081,000 after acquiring an additional 130,540 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Kohl's by 6.9% during the third quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after acquiring an additional 377,083 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Kohl's by 2.6% during the fourth quarter. Wells Fargo & Company MN now owns 4,804,605 shares of the company’s stock valued at $260,553,000 after acquiring an additional 123,281 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Kohl's during the fourth quarter valued at approximately $133,005,000.

WARNING: This piece of content was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/02/13/kohls-kss-given-a-63-00-price-target-at-mkm-partners.html.

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.

Analyst Recommendations for Kohl's (NYSE:KSS)

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

Leave a Reply