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

A number of other research analysts have also weighed in on KSS. Zacks Investment Research raised shares of Kohl’s Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Atlantic Securities raised shares of Kohl’s Corporation from an “underweight” rating to a “neutral” rating and raised their target price for the stock from $36.00 to $42.00 in a research note on Thursday, May 4th. Gordon Haskett started coverage on shares of Kohl’s Corporation in a research note on Tuesday, May 9th. They issued a “reduce” rating and a $35.00 target price on the stock. Jefferies Group LLC decreased their target price on shares of Kohl’s Corporation from $54.00 to $48.00 and set a “buy” rating on the stock in a research note on Tuesday, May 9th. Finally, Piper Jaffray Companies set a $38.00 target price on shares of Kohl’s Corporation and gave the stock a “hold” rating in a research note on Thursday, May 11th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Kohl’s Corporation has a consensus rating of “Hold” and an average price target of $43.02.

Shares of Kohl’s Corporation (NYSE:KSS) opened at 41.93 on Thursday. The stock has a market capitalization of $7.15 billion, a P/E ratio of 12.14 and a beta of 1.16. Kohl’s Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. The firm’s 50-day moving average price is $39.46 and its 200-day moving average price is $39.38.

Kohl’s Corporation (NYSE:KSS) last released its earnings results on Thursday, May 11th. The company reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.10. Kohl’s Corporation had a net margin of 3.25% and a return on equity of 13.29%. The business had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same period last year, the company posted $0.31 EPS. The business’s revenue was down 3.2% on a year-over-year basis. On average, equities research analysts forecast that Kohl’s Corporation will post $3.68 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This story was reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.watchlistnews.com/kohls-corporation-nysekss-rating-reiterated-by-instinet/1467778.html.

A number of hedge funds have recently made changes to their positions in KSS. Ffcm LLC raised its stake in shares of Kohl’s Corporation by 179.3% in the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock worth $120,000 after buying an additional 1,947 shares during the last quarter. CENTRAL TRUST Co raised its stake in shares of Kohl’s Corporation by 68.6% in the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock worth $129,000 after buying an additional 1,352 shares during the last quarter. Johnson Financial Group Inc. raised its stake in shares of Kohl’s Corporation by 30.9% in the first quarter. Johnson Financial Group Inc. now owns 3,295 shares of the company’s stock worth $132,000 after buying an additional 778 shares during the last quarter. Exane Derivatives increased its position in Kohl’s Corporation by 209.8% in the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after buying an additional 2,497 shares during the period. Finally, Penserra Capital Management LLC acquired a new position in Kohl’s Corporation during the second quarter valued at approximately $146,000.

Kohl’s Corporation 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.

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

Receive News & Ratings for Kohl's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.