In a report released today, Lorraine Hutchinson from Merrill Lynch maintained a Buy rating on Kohl’s Corp (KSS), with a price target of $80. The company’s shares closed yesterday at $69.70.
According to TipRanks.com, Hutchinson is a 2-star analyst with an average return of 0.3% and a 52.8% success rate. Hutchinson covers the Services sector, focusing on stocks such as Urban Outfitters, Nordstrom Inc, and Ross Stores.
Currently, the analyst consensus on Kohl’s Corp is a Moderate Buy with an average price target of $76.83, representing a 10.2% upside. In a report issued on March 5, Guggenheim also maintained a Buy rating on the stock with a $80 price target.
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Kohl’s Corp’s market cap is currently $11.5B and has a P/E ratio of 14.36. The company has a Price to Book ratio of 2.11.
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Kohl’s Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. Its stores offer apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers.
