Michael Kors Holdings Limited (KORS) has an average broker rating of 2.56, which is interpreted as a Hold, as rated by 16 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Michael Kors Holdings Limited (KORS) : The highest short term price target forecast on Michael Kors Holdings Limited (KORS) is $75 and the lowest target price is $44. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $54.67 with a standard deviation of $8.75.
Shares of Michael Kors Holdings Limited appreciated by 1.76% during the last five trading days but lost 1.74% on a 4-week basis. Michael Kors Holdings Limited is up 22.18% in the last 3-month period. Year-to-Date the stock performance stands at 26.76%. Michael Kors Holdings Limited (NYSE:KORS): stock turned positive on Tuesday. Though the stock opened at $50.33, the bulls momentum made the stock top out at $50.96 level for the day. The stock recorded a low of $50.2294 and closed the trading day at $50.78, in the green by 1.30%. The total traded volume for the day was 2,208,538. The stock had closed at $50.13 in the previous days trading.
Michael Kors Holdings Limited is a global accessories, footwear and apparel company. The Company operates its business in three segments: retail, wholesale and licensing. It offers two primary collections: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. In the Michael Kors collection, it offers accessories, including handbags and small leather goods, many of which are made from leathers and other exotic skins, footwear and apparel, including ready-to-wear women swear and menswear. Its MICHAEL Michael Kors collection offers accessories, primarily handbags and small leather goods, such as clutches, wallets, wristlets and cosmetic cases; footwear, primarily in womens styles; and women swear, including dresses, tops, jeans, pants, skirts, shorts and outerwear. Through its licensing segment, it enters into agreements that license to third parties use of its brand name and trademarks, certain production, and sales and distribution rights.