A statement released earlier today by Vetr Inc. about Ralph Lauren Corp (NYSE:RL) bumps the target price to $99.66
- Updated: September 28, 2016
Boasting a price of $97.94, Ralph Lauren Corp (NYSE:RL) traded 0.60% higher on the day. With the last stock price close up 1.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Ralph Lauren Corp has recorded a 50-day average of $103.50 and a two hundred day average of $96.62. Volume of trade was down over the average, with 453,356 shares of RL changing hands under the typical 895,006
Vetr Inc. bumped up the target of Ralph Lauren Corp (NYSE:RL) to $99.66 stating a potential upside of 0.02%.
On Wednesday September 28, 2016, Credit Agricole SA released a statement for Ralph Lauren Corp (NYSE:RL) bumped up the target price from $0.00 to $125.00 that suggested an upside of 0.28%.
With a total market value of $0, Ralph Lauren Corp has price-earnings ratio of 26.77 with a one year low of $82.15 and a one year high of $137.38 .
A total of 20 equity analysts have released a ratings update on RL. Three equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, twelve equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $100.90.
Brief Synopsis About Ralph Lauren Corp (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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