Kohl's (NYSE:KSS) has been given a $55.00 target price by research analysts at Piper Jaffray Companies in a research note issued on Wednesday. The brokerage currently has a “hold” rating on the stock. Piper Jaffray Companies’ target price would indicate a potential downside of 6.53% from the stock’s previous close.
A number of other equities research analysts have also recently commented on KSS. Cowen reaffirmed a “market perform” rating and issued a $47.00 price target (up previously from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup lifted their price target on shares of Kohl's from $44.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, September 21st. Jefferies Group reaffirmed a “buy” rating and issued a $50.00 price target on shares of Kohl's in a report on Wednesday, September 27th. ValuEngine raised shares of Kohl's from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Telsey Advisory Group raised shares of Kohl's from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $43.00 to $50.00 in a report on Monday, October 9th. Six analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the stock. Kohl's presently has a consensus rating of “Hold” and a consensus price target of $48.00.
Kohl's (NYSE KSS) opened at $58.84 on Wednesday. Kohl's has a 1 year low of $35.16 and a 1 year high of $59.32. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The company has a market cap of $9,890.00, a P/E ratio of 15.61, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24.
In other news, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the transaction, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonas Prising purchased 4,725 shares of Kohl's stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now directly owns 8,661 shares in the company, valued at $366,793.35. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strs Ohio grew its position in shares of Kohl's by 48.9% during the 3rd quarter. Strs Ohio now owns 152,264 shares of the company’s stock valued at $6,950,000 after purchasing an additional 50,000 shares in the last quarter. Edmond DE Rothschild Holding S.A. grew its position in shares of Kohl's by 11.3% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 89,977 shares of the company’s stock valued at $3,479,000 after purchasing an additional 9,165 shares in the last quarter. U S Global Investors Inc. purchased a new position in shares of Kohl's during the 2nd quarter valued at $528,000. Korea Investment CORP grew its position in shares of Kohl's by 47.2% during the 3rd quarter. Korea Investment CORP now owns 356,600 shares of the company’s stock valued at $16,279,000 after purchasing an additional 114,300 shares in the last quarter. Finally, State of Wisconsin Investment Board grew its position in shares of Kohl's by 10.1% during the 3rd quarter. State of Wisconsin Investment Board now owns 174,501 shares of the company’s stock valued at $7,966,000 after purchasing an additional 16,069 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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