Piper Jaffray Resumes Coverage with a Hold Rating on Kohl’s Corp

By Carrie Williams

In a report released today, Neely Tamminga from Piper Jaffray resumed coverage with a Hold rating on Kohl’s Corp (NYSE: KSS) and a price target of $40. The company’s shares opened today at $41.50.

According to TipRanks.com, Tamminga is a 1-star analyst with an average return of -1.8% and a 45.1% success rate. Tamminga covers the Services sector, focusing on stocks such as Christopher & Banks Corp, Ascena Retail Group, and Abercrombie Fitch.

Kohl’s Corp has an analyst consensus of Hold, with a price target consensus of $47.

The company has a one year high of $59.67 and a one year low of $33.87. Currently, Kohl’s Corp has an average volume of 4.41M.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. Most recently, in March 2016, Kevin Mansell, the Chairman, President, CEO of KSS sold 50,000 shares for a total of $2,341,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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. The company’s 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. Its stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences. Kohl’s was founded in 1962 and is headquartered in Menomonee Falls, WI.