Guggenheim Reaffirms Their Buy Rating on Kohl’s Corp (KSS)

In a report released today, Robert Drbul from Guggenheim reiterated a Buy rating on Kohl’s Corp (KSSResearch Report). The company’s shares closed last Monday at $51.10.

Drbul commented:

“We believe the company’s off-mall presence is a positive in this relationship given the ease of access for customers (80% of America lives within 15 miles of a Kohl’s). On the operations side, we believe Kohl’s focus on operational excellence should facilitate an economically accretive relationship.”

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 8.6% and a 67.3% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Capri Holdings Limited, and Ascena Retail Group.

Currently, the analyst consensus on Kohl’s Corp is a Moderate Buy with an average price target of $56.64.

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The company has a one-year high of $83.28 and a one-year low of $43.33. Currently, Kohl’s Corp has an average volume of 4.22M.

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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.