Coach (COH) has risen sharply, recording gains of 1.13% in the past 4 weeks. However, the stock has corrected -2.51% in the past 1 week, providing a good buying opportunity on dips. Coach (COH) : During the past 4 weeks, traders have been relatively bearish on Coach (COH), hence the stock is down -1.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.92% relative to the S&P 500.
Coach (NYSE:COH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $42.00 and $41.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $42.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.03, notching a gain of 1.52% for the day. The total traded volume was 4,269,743 . The stock had closed at $41.40 on the previous day.
The stock has recorded a 20-day Moving Average of 1.3% and the 50-Day Moving Average is 3.68%. Coach, Inc. is up 6.22% in the last 3-month period. Year-to-Date the stock performance stands at 30.65%.
Coach (COH) : The highest level Coach (COH) is projected to reach is $53 for the short term and the lowest estimate is at $34. The consolidated price target from 15 rating analysts who initiate coverage on the stock is $44.4 and the possibility the share price can swing is $5.77.
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.