Kohl's (NYSE:KSS) has been given a $60.00 price target by stock analysts at BMO Capital Markets in a report released on Friday. The firm currently has a “hold” rating on the stock. BMO Capital Markets’ target price would indicate a potential downside of 6.06% from the company’s previous close.
Other equities analysts have also recently issued research reports about the company. Gordon Haskett raised Kohl's from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. Robert W. Baird set a $57.00 target price on Kohl's and gave the stock a “buy” rating in a report on Monday, December 25th. Jefferies Group reaffirmed a “buy” rating on shares of Kohl's in a report on Monday, December 18th. ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Zacks Investment Research raised Kohl's from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a report on Monday, October 16th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company’s stock. Kohl's has an average rating of “Hold” and a consensus price target of $49.90.
Shares of Kohl's (NYSE KSS) traded up $2.75 during mid-day trading on Friday, hitting $63.87. The company had a trading volume of 7,483,290 shares, compared to its average volume of 4,540,000. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. Kohl's has a twelve month low of $35.16 and a twelve month high of $65.06. The company has a market cap of $10,730.00, a P/E ratio of 16.94, a P/E/G ratio of 2.26 and a beta of 1.24.
In other Kohl's news, Director Jonas Prising bought 4,725 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average price of $42.35 per share, with a total value 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 approximately $366,793.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the firm’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 value of $224,716.05. Following the sale, the director now directly owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KSS. Raymond James Trust N.A. acquired a new stake in Kohl's during the third quarter worth approximately $200,000. Keybank National Association OH acquired a new stake in Kohl's during the third quarter worth approximately $207,000. VNBTrust National Association acquired a new stake in Kohl's during the fourth quarter worth approximately $212,000. BB&T Investment Services Inc. acquired a new stake in Kohl's during the second quarter worth approximately $217,000. Finally, Ingalls & Snyder LLC acquired a new stake in Kohl's during the third quarter worth approximately $219,000.
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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.
