Kohl's (KSS) PT Set at $70.00 by Robert W. Baird

Robert W. Baird set a $70.00 target price on Kohl's (NYSE:KSS) in a report published on Tuesday. The firm currently has a buy rating on the stock. The analysts noted that the move was a valuation call.

Several other research firms have also weighed in on KSS. JPMorgan Chase & Co. upgraded shares of Kohl's from a neutral rating to an overweight rating and boosted their target price for the company from $51.00 to $72.00 in a report 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 target price on the stock in a report on Friday, January 12th. BMO Capital Markets set a $60.00 target price on shares of Kohl's and gave the company a hold rating in a report on Friday, January 12th. Zacks Investment Research lowered shares of Kohl's from a buy rating to a hold rating in a report on Wednesday, January 10th. Finally, Piper Jaffray Companies set a $55.00 target price on shares of Kohl's and gave the company a hold rating in a report on Wednesday, January 10th. Five research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of $54.10.

Kohl's (NYSE KSS) opened at $67.54 on Tuesday. The firm has a market cap of $11,350.00, a PE ratio of 17.92, a P/E/G ratio of 2.39 and a beta of 1.24. Kohl's has a 52-week low of $35.16 and a 52-week high of $67.55. 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 (NYSE:KSS) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 earnings per share. analysts anticipate that Kohl's will post 4.07 EPS for the current fiscal year.

In other news, Director Stephanie A. Streeter sold 4,173 shares of the company’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 in the company, valued at approximately $1,182,546. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonas Prising acquired 4,725 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the acquisition, the director now owns 8,661 shares in the company, valued at approximately $366,793.35. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in shares of Kohl's by 6.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock worth $266,349,000 after acquiring an additional 377,083 shares during the last quarter. Northern Trust Corp increased its stake in Kohl's by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock worth $208,851,000 after buying an additional 1,396,006 shares during the period. Wells Fargo & Company MN increased its stake in Kohl's by 13.7% during the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock worth $213,702,000 after buying an additional 564,109 shares during the period. Skandinaviska Enskilda Banken AB publ increased its stake in Kohl's by 28.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock worth $92,787,000 after buying an additional 445,400 shares during the period. Finally, Schroder Investment Management Group increased its stake in Kohl's by 9.6% during the 3rd quarter. Schroder Investment Management Group now owns 1,725,757 shares of the company’s stock worth $79,282,000 after buying an additional 151,357 shares during the period.

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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.

Analyst Recommendations for Kohl's (NYSE:KSS)

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