Ralph Lauren Corp (NYSE:RL) price target upped to $99.66, released a report earlier today by Vetr Inc.
- Updated: October 9, 2016
Reporting a potential downside of -0.03%, Vetr Inc. upped the price target of Ralph Lauren Corp (NYSE:RL) to $99.66
Having a price of $103.01, Ralph Lauren Corp (NYSE:RL) traded 1.58% higher on the day. With the last close up 6.41% 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 $102.21 and a two hundred day average of $96.80. Volume of trade was up over the average, with 1,065,760 shares of RL changing hands over the typical 851,280
With a total market value of $0, Ralph Lauren Corp has price-earnings ratio of 28.15 with a one year low of $82.15 and a 52 week high of $137.38 .
In addition to Vetr Inc. reporting its stock price target, a total of 20 brokerages have issued a ratings update on the company. The average stock price target is $100.90 with 3 brokerages rating the stock a strong buy, 7 firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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