Investment analysts at Deutsche Bank set a $63.00 target price on shares of Kohl’s Corp. (NYSE:KSS) stock in a note issued to investors on Friday, Analyst Ratings.Net reports. Deutsche Bank’s price target points to a potential upside of 17.74% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Kohl’s Corp. in a research note to investors on Friday. They now have a $63.00 price target on the stock, up previously from $60.00. Separately, analysts at JPMorgan Chase & Co. cut their price target on shares of Kohl’s Corp. from $50.00 to $48.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Kohl’s Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, July 22nd. They now have a $56.00 price target on the stock.
Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $54.81.
Shares of Kohl’s Corp. (NYSE:KSS) opened at 53.51 on Friday. Kohl’s Corp. has a 1-year low of $41.35 and a 1-year high of $55.25. The stock’s 50-day moving average is $52.57 and its 200-day moving average is $49.34. The company has a market cap of $11.851 billion and a price-to-earnings ratio of 12.63.
Kohl’s Corp. (NYSE:KSS) last posted its quarterly earnings results on Thursday, August 15th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by $0.01. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $4.29 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, analysts predict that Kohl’s Corp. will post $4.36 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.62%.
Kohl’s Corporation (NYSE:KSS) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.