Ralph Lauren Corporation (NYSE:RL) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.57 by 14 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Credit Suisse maintains its rating on Ralph Lauren Corporation (NYSE:RL). As per the latest information, the brokerage house lowers the price target to $94 per share from a prior target of $102. The shares have been rated Neutral. The rating by the firm was issued on June 8, 2016.
Ralph Lauren Corporation (NYSE:RL): The mean short term price target for Ralph Lauren Corporation (NYSE:RL) has been established at $100.58 per share. The higher price target estimate is at $115 and the lower price target estimate is expected at $85 according to 12 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $11.02
Ralph Lauren Corporation (NYSE:RL) rose 1.01% or 0.97 points on Tuesday and made its way into the gainers of the day. After trading began at $96.4 the stock was seen hitting $98.5 as a peak level and $96.1 as the lowest level. The stock ended up at $97.17. The daily volume was measured at 1,422,347 shares. The 52-week high of the share price is $141.03 and the 52-week low is $82.15. The company has a market cap of $8,056 million.
Shares of Ralph Lauren Corporation rose by 6.36% in the last five trading days and 6.05% for the last 4 weeks. Ralph Lauren Corporation has dropped 0.09% during the last 3-month period . Year-to-Date the stock performance stands at -12.38%.
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates in three segments: Wholesale, Retail and Licensing. Wholesale business, representing approximately 46% of net revenues as of fiscal year ended March 28, 2015 (Fiscal 2015), consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Companys retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company license to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear and fragrances.