Kohls Corp (NYSE: KSS)‘s stock had its “buy” rating restated by equities research analysts at TheStreet in a research note issued to investors on Thursday, Stock Ratings Network.com reports.
The analysts wrote, “Kohl’s (KSS) has been reiterated by TheStreet Ratings as a buy with a ratings score of B+. The company’s strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”
A number of other analysts have also recently weighed in on KSS. Analysts at Sterne Agee initiated coverage on shares of Kohls Corp in a research note to investors on Wednesday, June 5th. They set a “neutral” rating on the stock. Separately, analysts at Jefferies Group reiterated an “upgrade buy” rating on shares of Kohls Corp in a research note to investors on Tuesday, June 4th. They now have a $60.00 price target on the stock. Finally, analysts at JP Morgan Cazenove raised their price target on shares of Kohls Corp from $46.00 to $50.00 in a research note to investors on Wednesday, May 22nd. They now have a “neutral” rating on the stock.
Four equities research analysts have rated the stock with a sell rating, eight have assigned 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 $51.97.
Kohls Corp (NYSE: KSS) opened at 51.91 on Thursday. Kohls 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 currently $50.06. The company has a market cap of $11.497 billion and a price-to-earnings ratio of 12.25.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, June 26th. Investors of record on Wednesday, June 12th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.70%. The ex-dividend date is Monday, June 10th.
Kohl’s Corporation (NYSE: KSS) operate family-oriented department stores that sells apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.