Kohl's (NYSE:KSS) Price Target Increased to $25.00 by Analysts at JPMorgan Chase & Co.

Kohl's (NYSE:KSS - Get Free Report) had its price target upped by research analysts at JPMorgan Chase & Co. from $21.00 to $25.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective suggests a potential downside of 2.87% from the stock's previous close.

A number of other analysts have also issued reports on the stock. Telsey Advisory Group raised their target price on shares of Kohl's from $25.00 to $28.00 and gave the stock a "market perform" rating in a research report on Wednesday, March 13th. Morgan Stanley upped their target price on Kohl's from $18.00 to $19.00 and gave the company an "underweight" rating in a research note on Thursday, March 21st. Citigroup lowered their price target on Kohl's from $27.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 13th. StockNews.com upgraded shares of Kohl's from a "hold" rating to a "buy" rating in a report on Thursday. Finally, TD Cowen upped their price target on shares of Kohl's from $28.00 to $31.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Kohl's presently has an average rating of "Hold" and a consensus target price of $24.60.

Kohl's Price Performance

Shares of KSS traded up $0.46 during mid-day trading on Friday, reaching $25.74. 3,476,180 shares of the company's stock were exchanged, compared to its average volume of 5,345,259. Kohl's has a 52-week low of $17.68 and a 52-week high of $29.65. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11. The company has a 50-day simple moving average of $25.20 and a two-hundred day simple moving average of $25.75. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 1.44 and a beta of 2.01.

Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.39. The company had revenue of $5.71 billion during the quarter, compared to analysts' expectations of $5.80 billion. Kohl's had a return on equity of 8.40% and a net margin of 1.81%. The business's revenue for the quarter was down 1.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($2.49) earnings per share. On average, sell-side analysts predict that Kohl's will post 2.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Kohl's

Several hedge funds have recently modified their holdings of KSS. Vanguard Group Inc. grew its position in Kohl's by 16.4% in the fourth quarter. Vanguard Group Inc. now owns 12,591,595 shares of the company's stock valued at $361,127,000 after acquiring an additional 1,775,024 shares in the last quarter. Norges Bank purchased a new stake in Kohl's during the 4th quarter worth $34,583,000. Vision One Management Partners LP acquired a new position in Kohl's in the 4th quarter worth $28,413,000. Hsbc Holdings PLC boosted its position in Kohl's by 254.9% in the 4th quarter. Hsbc Holdings PLC now owns 794,677 shares of the company's stock valued at $22,822,000 after buying an additional 570,745 shares during the last quarter. Finally, Barclays PLC grew its stake in shares of Kohl's by 73.7% during the third quarter. Barclays PLC now owns 1,299,839 shares of the company's stock valued at $27,245,000 after acquiring an additional 551,340 shares in the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl's Company Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.