Kohl's Corporation (NYSE:KSS) Stock Rating Upgraded by Credit Suisse Group

Best Buy Co Inc

Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company's stock.

KSS has been the subject of a number of other research reports. Finally, Vetr downgraded Kohl's Corporation from a "strong-buy" rating to a "buy" rating and set a $40.78 target price for the company.in a research note on Monday, May 15th. The stock of Kohl's Corporation (NYSE:KSS) earned "Buy" rating by Jefferies on Friday, August 12. It is negative, as 50 investors sold Kohl's Corporation shares while 189 reduced holdings. Royal Bank Of Canada set a $39.00 price target on shares of Kohl's Corporation and gave the stock a "sell" rating in a research report on Monday, June 19th.

Kohl's Corporation (KSS) traded down 5.80% during midday trading on Thursday, hitting $39.50. The fund owned 8,250 shares of the company's stock at the end of the second quarter. Kohl's Corporation has $75 highest and $35 lowest target. The stock's average target of $321.75 is 17.57% above today's ($273.66) share price. The company has market cap of $24.18 billion. Miller Tabek initiated the stock with "Buy" rating in Thursday, March 31 report. This is an increase of 603% compared to the average volume of 2,886 call options. More interesting news about Kohl's Corporation (NYSE:KSS) were released by: Businesswire.com and their article: "Kohl's Corporation Reports Second Quarter Financial Results" published on August 10, 2017 as well as Marketwatch.com's news article titled: "UPDATE: Kohl's stock surrenders early premarket gains after Macy's offers soft ..." with publication date: August 10, 2017.

The company's quarterly profit jump 48% and executives said transactions, which is a measure of traffic, grew in July - indicating positive momentum heading into the critical back-to-school shopping season. Kohl's Corporation had a net margin of 3.25% and a return on equity of 13.29%. The business had revenue of $4.14 billion during the quarter, compared to analysts' expectations of $4.12 billion. Though transactions for the quarter were lower than past year, July transactions increased.

On 11/14/2013 Kohl's Corporation announced a quarterly dividend of $0.35. Analysts were expecting earnings of 46 cents and revenue of $5.52 billion, according to Thomson Reuters I/B/E/S.Kohl's reported a profit of $1.24 per share and revenue of $4.14 billion, both of which topped estimates. Investors of record on Wednesday, September 6th will be given a dividend of 0.55 per share on Wednesday, September 20th.

Shares of Kohl's Corporation closed the previous trading session at 39.50 down -2.43 -5.80% with 19,701,416 shares trading hands. Kohl's Corporation's payout ratio is now 64.14%. Kohl's Corporation now has a consensus rating of "Hold" and an average target price of $43.02. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & global copyright and trademark law. Kohl's Corporation presently has a consensus rating of "Hold" and a consensus price target of $43.02.

Kohl's has been struggling with weak comps amid a hard retail sales scenario for the last few quarters. The Old Second National Bank Of Aurora holds 44,621 shares with $2.20M value, down from 71,518 last quarter. Johnson Financial Group Inc. raised its position in shares of Kohl's Corporation by 30.9% in the first quarter. BlackRock Inc. raised its position in shares of Kohl's Corporation by 2,606.7% in the first quarter. During first-quarter fiscal 2017, the company made additional progress on its initiatives and as a result, inventory per store decreased 1%, while units per store were 5% lower. American International Group Inc. now owns 9,542,266 shares of the company's stock worth $379,878,000 after buying an additional 116,577 shares during the period.

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