KSS has been the topic of a number of other reports. Zacks Investment Research raised Kohl's from a hold rating to a buy rating and set a $47.00 price objective on the stock in a report on Monday, October 16th. Robert W. Baird raised Kohl's from a neutral rating to an outperform rating and raised their price objective for the company from $46.00 to $47.00 in a report on Friday, November 10th. Jefferies Group reissued a buy rating on shares of Kohl's in a report on Monday, December 18th. Northcoast Research initiated coverage on Kohl's in a report on Friday, December 8th. They set a neutral rating on the stock. Finally, Royal Bank of Canada reissued a sell rating on shares of Kohl's in a report on Sunday, November 12th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of $56.19.
Shares of Kohl's (NYSE KSS) opened at $61.47 on Thursday. The stock has a market capitalization of $10,327.26, a PE ratio of 16.31, a PEG ratio of 1.97 and a beta of 1.35. 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 12-month low of $35.16 and a 12-month high of $69.14.
In related news, Director Jonas Prising purchased 4,725 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were acquired at an average cost of $42.35 per share, with a total value of $200,103.75. Following the purchase, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of Kohl'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 completion of the transaction, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in KSS. Cerebellum GP LLC purchased a new position in shares of Kohl's during the fourth quarter valued at approximately $121,000. Calton & Associates Inc. purchased a new position in shares of Kohl's during the fourth quarter valued at approximately $202,000. Squar Milner Financial Services LLC purchased a new position in shares of Kohl's during the fourth quarter valued at approximately $230,000. CIBC World Markets Inc. purchased a new position in shares of Kohl's during the fourth quarter valued at approximately $202,000. Finally, VNBTrust National Association purchased a new position in shares of Kohl's during the fourth quarter valued at approximately $212,000.
COPYRIGHT VIOLATION NOTICE: “Kohl's (KSS) PT Raised to $70.00 at Bank of America” was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://sportsperspectives.com/2018/02/12/kohls-kss-pt-raised-to-70-00-at-bank-of-america.html.
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.
Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.