Ralph Lauren (RL) PT Raised to $130.00

Ralph Lauren (NYSE:RL) had its target price hoisted by investment analysts at Buckingham Research from $112.00 to $130.00 in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the textile maker’s stock. Buckingham Research’s price target points to a potential downside of 2.50% from the stock’s previous close.

A number of other analysts have also commented on RL. Piper Jaffray Companies set a $109.00 target price on shares of Ralph Lauren and gave the stock a “sell” rating in a report on Tuesday, January 30th. ValuEngine raised shares of Ralph Lauren from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Telsey Advisory Group lifted their target price on shares of Ralph Lauren from $109.00 to $115.00 and gave the stock a “market perform” rating in a report on Friday, February 2nd. Nomura lifted their price target on shares of Ralph Lauren from $92.00 to $111.00 and gave the stock a “neutral” rating in a research report on Friday, February 2nd. Finally, Royal Bank of Canada reissued a “hold” rating and set a $113.00 price target on shares of Ralph Lauren in a research report on Friday, February 2nd. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $106.19.

RL opened at $133.33 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.07 and a quick ratio of 1.58. Ralph Lauren has a 52 week low of $66.06 and a 52 week high of $136.43. The firm has a market cap of $9.48 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 1.86 and a beta of 0.63.



Ralph Lauren (NYSE:RL) last released its earnings results on Wednesday, May 23rd. The textile maker reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.07. Ralph Lauren had a negative net margin of 1.33% and a positive return on equity of 14.64%. The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the business earned $0.89 EPS. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. equities analysts expect that Ralph Lauren will post 5.98 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Adviser Investments LLC bought a new stake in Ralph Lauren in the 1st quarter valued at $106,000. O Shaughnessy Asset Management LLC bought a new stake in Ralph Lauren in the 1st quarter valued at $112,000. Bray Capital Advisors bought a new stake in Ralph Lauren in the 1st quarter valued at $135,000. Rampart Investment Management Company LLC lifted its position in Ralph Lauren by 118.2% in the 1st quarter. Rampart Investment Management Company LLC now owns 1,628 shares of the textile maker’s stock valued at $182,000 after acquiring an additional 882 shares in the last quarter. Finally, Zeke Capital Advisors LLC bought a new stake in Ralph Lauren in the 4th quarter valued at $201,000. 69.61% of the stock is currently owned by institutional investors and hedge funds.

About Ralph Lauren

Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: North America, Europe, and Asia. It offers apparel, including a range of men's, women's, and children's clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.

Analyst Recommendations for Ralph Lauren (NYSE:RL)

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