Kohls Corporation (KSS) : Analyst Rating Update

Kohls Corporation (KSS) : Zacks Investment Research ranks Kohls Corporation (KSS) as 5, which is a Strong Sell recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 2.56, which indicates as a Hold.

Kohls Corporation (KSS) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $66 and the lowest price target forecast is $36. The average forecast of all the analysts is $43.27 and the expected standard deviation is $7.38.

Kohls Corporation (NYSE:KSS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.58 and $35.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.76, notching a gain of 2.78% for the day. The total traded volume was 9,074,662 . The stock had closed at $36.74 on the previous day.

Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Kohls Corporation (NYSE:KSS). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $44 per share to $36 per share. The rating by the firm was issued on May 13, 2016. The company shares have dropped -43.12% from its 1 Year high price. On Jul 9, 2015, the shares registered one year high at $65.20 and the one year low was seen on May 12, 2016. The 50-Day Moving Average price is $36.45 and the 200 Day Moving Average price is recorded at $43.41.

Kohls Corporation (Kohls) is a specialty department store. As of January 31, 2015, the Company operated 1,162 department stores in 49 states and an e-Commerce Website (www.Kohls.com). The Company sells private label, and national brand apparel, footwear, accessories, beauty and home products. The Companys stores carry a merchandise assortment with differences attributable to regional preferences. The Companys Website includes merchandise which is available in the stores, as well as merchandise which is available only on-line. Its private brands include Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Life + Style. The Companys exclusive brands consist of Food Network, Jennifer Lopez, Marc Anthony, Rock & Republic and Simply Vera Vera Wang. It also offers products under the Fitbit, IZOD, Juicy Couture, Gaiam, Nespresso and PUMA brands, as well as Jumping Beans collections featuring Disney characters. It also operates a nationwide loyalty program called Yes2You rewards.

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