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OTR Global downgraded Coach Inc (NYSE:COH) to Positive in a statement released earlier today.

OTR Global has downgraded Coach Inc (NYSE:COH) to Positive in a report released on 10/13/2016.

Just yesterday Coach Inc (NYSE:COH) traded -1.45% lower at $36.00. The company’s 50-day moving average is $36.97 and its 200-day moving average is $39.35. The last stock price is down -8.51% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 2,990,086 shares of COH changing hands under the typical 3,507,230

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Coach Inc (NYSE:COH)

Coach Inc has a price-earnings ratio of 21.82 with a one year low of $28.70 and a one year high of $43.71 Coach Inc’s market capitalization is currently $0.

Also covering Coach Inc's price target, a total of 30 analysts have released a research note on the company. The average stock price target is $43.00 with five brokerages rating the stock a strong buy, 10 equity analysts rating the company a buy, seventeen equity analysts rating the company a hold, two analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

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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