A statement released earlier today by CLSA about Ralph Lauren (NYSE:RL) bumps the target price to $125.00
- Updated: September 29, 2016
CLSA bumped up the target of Ralph Lauren (NYSE:RL) to $125.00 reporting a potential upside of 0.28%.
On 09/28/2016, Credit Agricole SA released a statement about Ralph Lauren (NYSE:RL) upped the target price from $0.00 to $125.00 that suggested an upside of 0.28%.
Having a price of $97.94, Ralph Lauren (NYSE:RL) traded 0.60% higher on the day. With the last stock price up 1.36% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. RL has recorded a 50-day average of $103.50 and a two hundred day average of $96.62. Trade Volume was down over the average, with 453,356 shares of RL changing hands under the typical 895,006
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Ralph Lauren has a 52 week low of $82.15 and a 52 week high of $137.38 with a P/E ratio of 26.77 The company’s market cap is currently $0.
In addition to CLSA reporting its target price, a total of 20 brokers have issued a report on the stock. The consensus target price is $100.90 with 3 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 12 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Ralph Lauren (NYSE:RL)
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 through three segments: Wholesale, Retail and Licensing. Wholesale business 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 Company's' 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 licenses 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, fragrances and home furnishings.
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