Coach (COH) : Analyst Rating Update

Coach (COH) : Zacks Investment Research ranks Coach (COH) as 3, which is a Hold recommendation. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 2, which indicates as a Buy.

Coach (COH) : 15 investment research analysts covering Coach (COH) have an average price target of $43.93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $34 for the short term. Analysts expect the variance to be within $5.35 of the average price.

Coach (NYSE:COH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.93 and $39.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.02, notching a gain of 0.13% for the day. The total traded volume was 4,786,797 . The stock had closed at $39.97 on the previous day.

Also, Equity Analysts at the Stifel Nicolaus assumes the rating on Coach (NYSE:COH). The brokerage firm has issued a Hold rating on the shares. The rating by the firm was issued on May 17, 2016. The company shares have rallied 21.49% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $42.13 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $39.02 and the 200 Day Moving Average price is recorded at $37.58.

Coach, Inc. (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment, which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China, Coach-operated stores and concession shop-in-shops in Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Belgium and the Netherlands, as well as sales to wholesale customers and distributors in approximately 45 countries, and Other segment, which consists of sales and expenses generated by the Coach brand in other ancillary channels, including licensing and disposition. Its product offerings include watches, footwear, scarves and jewelry.

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