Kohl’s Co. (NYSE:KSS) Receives $50.63 Average PT from Analysts

Kohl’s Co. (NYSE:KSS) has received a consensus rating of “Hold” from the twenty-one research firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $50.63.

Several research analysts have recently commented on KSS shares. UBS Group lifted their price objective on Kohl’s from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Bank of America downgraded Kohl’s from a “buy” rating to a “neutral” rating and set a $50.00 price objective on the stock. in a report on Thursday, January 9th. Goldman Sachs Group decreased their price objective on Kohl’s from $56.00 to $48.00 in a report on Wednesday, November 27th. Jefferies Financial Group downgraded Kohl’s from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $65.00 to $52.00 in a report on Monday, January 6th. Finally, Telsey Advisory Group decreased their price objective on Kohl’s from $48.00 to $45.00 and set a “market perform” rating on the stock in a report on Friday, January 10th.

Shares of KSS traded down $0.17 during trading hours on Friday, hitting $44.47. The company had a trading volume of 2,218,901 shares. The stock’s 50 day moving average price is $46.52 and its 200 day moving average price is $49.09. Kohl’s has a 52-week low of $42.50 and a 52-week high of $75.91.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, November 19th. The company reported $0.74 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.12). The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.40 billion. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 EPS. Equities research analysts forecast that Kohl’s will post 4.76 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Institute for Wealth Management LLC. purchased a new position in Kohl’s during the 4th quarter valued at about $27,000. Trustcore Financial Services LLC bought a new stake in Kohl’s during the 3rd quarter valued at approximately $25,000. FNY Investment Advisers LLC bought a new stake in Kohl’s during the 4th quarter valued at approximately $32,000. TRUE Private Wealth Advisors bought a new stake in Kohl’s during the 4th quarter valued at approximately $35,000. Finally, Legacy Bridge LLC bought a new stake in Kohl’s during the 4th quarter valued at approximately $36,000. Institutional investors own 96.00% of the company’s stock.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Analyst Recommendations for Kohl`s (NYSE:KSS)

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