Kohl’s Corporation (NYSE:KSS)‘s stock had its “buy” rating reissued by stock analysts at Instinet in a research report issued on Thursday. They currently have a $51.00 target price on the stock, up from their previous target price of $41.00. Instinet’s price target indicates a potential upside of 21.63% from the stock’s previous close.

Several other research firms have also recently weighed in on KSS. OTR Global restated a “sell” rating on shares of Kohl’s Corporation in a research note on Tuesday. Deutsche Bank AG boosted their price target on Kohl’s Corporation from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday. Jefferies Group LLC restated a “buy” rating and issued a $48.00 price target on shares of Kohl’s Corporation in a research note on Sunday, July 30th. BidaskClub upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded Kohl’s Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $43.02.

Kohl’s Corporation (NYSE KSS) opened at 41.93 on Thursday. The firm has a 50-day moving average price of $39.46 and a 200-day moving average price of $39.38. The company has a market cap of $7.15 billion, a P/E ratio of 12.14 and a beta of 1.16. Kohl’s Corporation has a 52 week low of $35.16 and a 52 week high of $59.67.

Kohl’s Corporation (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.10. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. The firm had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter in the previous year, the business earned $0.31 earnings per share. The company’s revenue was down 3.2% on a year-over-year basis. Equities research analysts anticipate that Kohl’s Corporation will post $3.68 EPS for the current fiscal year.

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Several institutional investors have recently made changes to their positions in KSS. Vanguard Group Inc. increased its position in shares of Kohl’s Corporation by 7.1% in the first quarter. Vanguard Group Inc. now owns 18,956,223 shares of the company’s stock valued at $754,646,000 after buying an additional 1,254,285 shares during the last quarter. BlackRock Inc. increased its position in shares of Kohl’s Corporation by 2,606.7% in the first quarter. BlackRock Inc. now owns 18,394,298 shares of the company’s stock valued at $732,277,000 after buying an additional 17,714,714 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Kohl’s Corporation by 1.7% in the second quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after buying an additional 186,046 shares during the last quarter. American International Group Inc. increased its position in shares of Kohl’s Corporation by 1.2% in the first quarter. American International Group Inc. now owns 9,542,266 shares of the company’s stock valued at $379,878,000 after buying an additional 116,577 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Kohl’s Corporation by 133.8% in the first quarter. Ameriprise Financial Inc. now owns 5,727,341 shares of the company’s stock valued at $228,005,000 after buying an additional 3,277,850 shares during the last quarter.

About Kohl’s Corporation

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.

Analyst Recommendations for Kohl`s Corporation (NYSE:KSS)

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