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.
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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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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