A statement released earlier today by CLSA about Coach Inc. (NYSE:COH) bumps the target price to $45.00
- Updated: September 28, 2016
Boasting a price of $35.90, Coach Inc. (NYSE:COH) traded 0.70% higher on the day. With the last close down -9.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Coach Inc. has recorded a 50-day average of $38.02 and a two hundred day average of $39.56. Volume of trade was down over the average, with 2,627,416 shares of COH changing hands under the typical 3,652,280
CLSA bumped up the target of Coach Inc. (NYSE:COH) to $45.00 stating a potential upside of 0.25%.
On 9/14/2016, Morgan Stanley released a statement on Coach Inc. (NYSE:COH) bumped up the target price from $0.00 to $32.00 that suggested a downside of -0.12%.
With a total market value of $0, Coach Inc. has price-earnings ratio of 21.76 with a one year low of $27.93 and a one year high of $43.71 .
A total of 30 analysts have released a research note on COH. Five analysts rating the company a strong buy, ten analysts rating the company a buy, seventeen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $43.00.
More About Coach Inc. (NYSE:COH)
Coach, Inc. (Coach) is a design house of luxury accessories and lifestyle collections. The Company's product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Coach brand products to North American customers through Coach-operated stores (including the Internet) and sales to North American wholesale customers. The International segment operates department store concession shop-in-shop locations and retail and outlet stores, as well as e-commerce Websites. The Stuart Weitzman segment includes sales across the world generated by the Stuart Weitzman brand, primarily through department stores in North America and international locations, and within Stuart Weitzman operated stores (including the Internet) in the United States, Canada and Europe. Its product offerings include women's and men's bags, ready-to-wear, including outerwear, watches, fragrance and jewelry.
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