Ralph Lauren Stock Rating Reaffirmed by Piper Jaffray (RL)
Piper Jaffray reiterated their overweight rating on shares of Ralph Lauren (NYSE: RL) in a research report sent to investors on Monday morning, ARN reports. The firm currently has a $190.00 price target on the stock.
Shares of Ralph Lauren (NYSE: RL) traded up 0.43% during mid-day trading on Monday, hitting $171.49. Ralph Lauren has a one year low of $134.29 and a one year high of $179.90. The stock’s 50-day moving average is currently $171.0. The company has a market cap of $15.557 billion and a P/E ratio of 22.46.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an outperform rating on shares of Ralph Lauren in a research note to investors on Thursday, March 14th. They now have a $198.00 price target on the stock. Separately, analysts at TheStreet reiterated a buy rating on shares of Ralph Lauren in a research note to investors on Friday, March 1st. Finally, analysts at Macquarie reiterated an outperform rating on shares of Ralph Lauren in a research note to investors on Tuesday, February 26th. They now have a $210.00 price target on the stock.
Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of $180.82.
Ralph Lauren Corporation, formerly Polo Ralph Lauren Corporation, is engaged in the design, marketing and distribution of products, including men’s, women’s and children’s apparel, accessories (NYSE: RL), fragrances and home furnishings.
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