Ralph Lauren Corp (NYSE:RL) target price raised to $125.00, issued a report today by Credit Agricole SA
- Updated: September 28, 2016
Ralph Lauren Corp (NYSE:RL) had its target bumped up to $125.00 by Credit Agricole SA in a report issued 9/28/2016. The increased price target implies a possible upside of 0.28% from the company's last stock close price.
Yesterday Ralph Lauren Corp (NYSE:RL) traded 0.60% higher at $97.94. RL’s 50-day average is $103.50 and its two hundred day average is $96.62. With the last close up 1.36% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 453,356 shares of RL changing hands under the typical 895,006
With a total market value of $0, Ralph Lauren Corp has PE ratio of 26.77 with a 52 week low of $82.15 and a 52 week high of $137.38 .
In addition to Credit Agricole SA 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 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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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