Guggenheim Securities Initiates Coverage on Kohl's Corporation to Buy

Guggenheim Securities Initiates Coverage on Kohl's Corporation(NYSE:KSS). The shares have been rated Buy. The rating by Guggenheim Securities was issued on Sep 30, 2016.

In a different note, On Aug 12, 2016, Citigroup said it Maintains its rating on Kohl's Corporation. In the research note, the firm Raises the price-target to $36.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 12, 2016, Deutsche Bank said it Maintains its rating on Kohl's Corporation. In the research note, the firm Raises the price-target to $40.00 per share. The shares have been rated ‘Hold’ by the firm. On Aug 12, 2016, Jefferies said it Maintains its rating on Kohl's Corporation. In the research note, the firm Raises the price-target to $47.00 per share. The shares have been rated ‘Buy’ by the firm. On Aug 12, 2016, UBS said it Maintains its rating on Kohl's Corporation. In the research note, the firm Raises the price-target to $37.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 1, 2016, Goldman Sachs said it Assumes its rating on Kohl's Corporation. The shares have been rated ‘Sell’ by the firm.

Kohl's Corporation (KSS) made into the market gainers list on Tuesdays trading session with the shares advancing 0.91% or 0.39 points. Due to strong positive momentum, the stock ended at $43.26, which is also near the day’s high of $43.54. The stock began the session at $42.96 and the volume stood at 24,72,142 shares. The 52-week high of the shares is $52.06 and the 52 week low is $33.87. The company has a current market capitalization of $7,769 M and it has 17,95,93,060 shares in outstanding.

Kohl's Corporation(KSS) last announced its earnings results on Aug 11, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $4.18B. Analysts had an estimated revenue of $4.16B. Earnings per share were $1.22. Analysts had estimated an EPS of $1.04.

Several Insider Transactions has been reported to the SEC. On Sep 22, 2016, Stephen E Watson (director) purchased 615 shares at $43.87 per share price.Also, On Mar 30, 2016, Wesley S Mcdonald (Chief Financial Officer) sold 1,645 shares at $46.99 per share price.On Mar 3, 2016, Kevin Mansell (Chairman, President, CEO) sold 50,000 shares at $46.82 per share price, according to the Form-4 filing with the securities and exchange commission.

Kohl’s Corporation (Kohl’s) is a specialty department store. As of January 31 2015 the Company operated 1162 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 Company’s stores carry a merchandise assortment with differences attributable to regional preferences. The Company’s 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 Company’s 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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