Kohls Corporation (KSS) : Traders are bullish on Kohls Corporation (KSS) as it has outperformed the S&P 500 by a wide margin of 6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.37% in the last 1 week, and is up 9.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.31% and the 50-Day Moving Average is 11.31%. Kohls Corp. has dropped 4.87% during the last 3-month period . Year-to-Date the stock performance stands at -10.58%.
Kohls Corporation (NYSE:KSS): stock turned positive on Friday. Though the stock opened at $41, the bulls momentum made the stock top out at $41.71 level for the day. The stock recorded a low of $40.649 and closed the trading day at $41.59, in the green by 1.36%. The total traded volume for the day was 2,813,934. The stock had closed at $41.03 in the previous days trading.
Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Kohls Corporation (NYSE:KSS). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup lowers the price target from $44 per share to $36 per share. The rating by the firm was issued on May 13, 2016.
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.