Deutsche Bank reissued their hold rating on shares of Kohl’s (NYSE:KSS) in a research report released on Wednesday morning, The Fly reports. The firm currently has a $52.00 price objective on the stock, down from their prior price objective of $58.00.
KSS has been the topic of several other reports. Morgan Stanley reduced their price objective on Kohl’s from $58.00 to $50.00 and set an underweight rating on the stock in a research report on Thursday, May 23rd. Robert W. Baird reduced their price objective on Kohl’s from $80.00 to $70.00 and set an outperform rating on the stock in a research report on Wednesday, May 22nd. Atlantic Securities downgraded Kohl’s from a neutral rating to an underweight rating and set a $42.00 target price on the stock. in a research report on Tuesday, June 4th. Wedbush reiterated a neutral rating and set a $48.00 target price (down from $58.00) on shares of Kohl’s in a research report on Thursday, August 15th. Finally, ValuEngine upgraded Kohl’s from a strong sell rating to a sell rating in a research report on Thursday, August 1st. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. Kohl’s currently has an average rating of Hold and a consensus price target of $61.47.
Shares of NYSE:KSS opened at $45.18 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 1.65 and a debt-to-equity ratio of 1.06. Kohl’s has a 52-week low of $43.33 and a 52-week high of $83.28. The stock’s fifty day simple moving average is $49.05 and its 200-day simple moving average is $59.11. The company has a market capitalization of $7.67 billion, a P/E ratio of 8.80, a P/E/G ratio of 0.90 and a beta of 1.00.
Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in Kohl’s by 6.4% during the fourth quarter. Geode Capital Management LLC now owns 2,939,284 shares of the company’s stock valued at $194,900,000 after purchasing an additional 177,898 shares in the last quarter. FMR LLC raised its stake in Kohl’s by 1.7% during the fourth quarter. FMR LLC now owns 74,150 shares of the company’s stock valued at $4,919,000 after purchasing an additional 1,209 shares in the last quarter. IFM Investors Pty Ltd raised its stake in Kohl’s by 13.6% during the first quarter. IFM Investors Pty Ltd now owns 11,596 shares of the company’s stock valued at $797,000 after purchasing an additional 1,392 shares in the last quarter. CWM LLC raised its stake in Kohl’s by 40.4% during the first quarter. CWM LLC now owns 1,634 shares of the company’s stock valued at $112,000 after purchasing an additional 470 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Kohl’s during the first quarter valued at $823,000.
Kohl’s Company Profile
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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