Kohls Corp Rating Lowered to Neutral at Atlantic Equities (KSS)

By admin | 6 years ago

Kohls Corp (NYSE: KSS) was downgraded by analysts at Atlantic Equities from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Friday.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Kohls Corp in a research note to investors on Monday, May 14th. They now have a $51.00 price target on the stock. Separately, analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of Kohls Corp in a research note to investors on Friday, May 11st.

Kohls Corp traded down 1.60% on Friday, hitting $43.67. Kohls Corp has a 52-week low of $42.14 and a 52-week high of $57.39. The company has a market cap of $10.612 billion and a price-to-earnings ratio of 10.30.

Kohls Corp last posted its quarterly earnings results on Thursday, May 10th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.02. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Analysts expect that Kohls Corp will post $0.89 EPS next quarter.

Kohl’s Corporation (Kohl’s) operates family-oriented department stores that sell apparel, footwear and accessories for women, men and children, soft home products, such as sheets and pillows, and housewares.

About the author