Kohl’s Corp. Stock Surpasses Analyst Target Price of $8.94
In recent trading, shares of Kohl’s Corp. (Symbol: KSS) have surpassed the average analyst 12-month target price of $8.94, currently trading at $9.40 per share. When a stock reaches the target set by analysts, they typically have two options: either downgrade the stock on valuation grounds or adjust their target price higher. Analyst responses may also hinge on the underlying business developments that contribute to the rising stock price—if the company is showing positive trends, it might be appropriate to raise the target price.
Analyst Target Price Insights
Within the Zacks coverage universe, there are 12 distinct analyst targets contributing to the average for Kohl’s Corp. It’s important to remember that the average is merely a mathematical figure. Some analysts maintain lower targets, including one that anticipates a price of $5.00, while another sets a lofty target at $11.25. The standard deviation among these targets is $1.758.
Investor Considerations
The primary reason to examine the average KSS price target is to leverage the “wisdom of crowds,” which aggregates the insights of various analysts into a single number, rather than relying on the perspective of just one expert. With KSS trading above the average target price of $8.94 per share, it’s a pivotal moment for investors. They should evaluate whether this price represents a stepping-stone towards a higher target or if the valuation has been stretched to the point where it may be wise to cash out some gains. Below is a table outlining the current analyst opinions regarding Kohl’s Corp.
| Recent KSS Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 0 | 0 | 0 | 0 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 7 | 7 | 7 | 7 |
| Sell ratings: | 1 | 1 | 1 | 1 |
| Strong sell ratings: | 4 | 4 | 4 | 4 |
| Average rating: | 3.69 | 3.69 | 3.69 | 3.69 |
The average rating displayed in the last row of the table above ranges from 1 to 5, where 1 signifies Strong Buy and 5 stands for Strong Sell. This information is based on data supplied by Zacks Investment Research via Quandl.com. To obtain the latest Zacks research report on KSS, click here for free.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
