|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||61.00 - 63.62|
|52 Week Range||35.16 - 69.48|
|PE Ratio (TTM)||12.33|
|Forward Dividend & Yield||2.44 (3.97%)|
|1y Target Est||N/A|
Investing.com - Some clear winners have emerged from the retail wreck and Kohl's is one of them.Cowen became the latest Wall Street firm to upgrade the retailer's stock.The firm upgraded Kohl's from market perform to , with a stock price target of $66 a share. CFRA recently raised its price target to $65. The upgrades come after Kohl's handily beat expectations for fourth-quarter earnings earlier this month. The retailer also raised its dividend.Cowen likes how Kohl's has been expanding its product offering and online efforts, and thinks its rewards program will continue to pay off.Several other firms upgraded the stock in January. Kohl's shares are up more than 50% from their July 2017 bottom.
Yahoo Finance’s Seana Smith speaks with Michelle Girard, chief US economist at NatWest Markets, about the retail sector’s impact on the jobs report.
John Kernan, Cowen managing director, explains which brands younger generations are gravitating towards in this retail environment.
Even in a best-case scenario, Bon-Ton Stores will have to close at least a third of its locations during 2018 to stay in business.
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes and downgraded the rating on one class in LB Commercial Mortgage Trust 2007-C3, Commercial Mortgage Pass-Through ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on eleven classes in COMM 2012-CCRE1 Mortgage Trust, Commercial Pass-Through Certificates, Series 2012-CCRE1 as follows: Cl. A-3, ...
For this, one has to understand the company fundamentals and try to place them against the present economic background to figure out how it may fare as an investment. Based in Rolling Meadows, IL, Arthur J Gallagher & Co (NYSE:AJG) provides insurance brokerage, consulting, and third party claims settlement and administration services.
On March 9, Cowen and Company upgraded Kohls Corp (KSS) to “outperform” from “market perform” and raised the target price to $74 from $66. On March 7, Morgan Stanley raised the target price for H & R Block (HRB) to $28 from $27. BMO raised the target price to $32 from $31.
Retail has been fighting its way back from a difficult 2017, helped by tax benefits, improving investor sentiment, and a strong finish to the year. Chen argues that even with a 50% gain in the past year, Kohl’s can keep climbing, thanks to its greater visibility, digital efforts, and on-trend merchandising. Kohl’s has been agile in managing inventory, and successfully executive on initiatives that have driven traffic and encouraged consumer loyalty to the brand.
JCPenney’s (JCP) gross margin expanded 50 basis points to 33.6% in fiscal 4Q17. The higher gross margin was driven by a decline in costs due to lower promotional activity and better inventory positions. Higher shrink rates adversely impacted its gross margin.