ValuEngine cut shares of Ralph Lauren (NYSE:RL) from a buy rating to a hold rating in a research report report published on Friday morning.

Several other equities analysts have also recently commented on RL. Zacks Investment Research cut shares of Ralph Lauren from a buy rating to a hold rating in a research report on Tuesday, July 24th. Royal Bank of Canada set a $140.00 target price on shares of Ralph Lauren and gave the stock a hold rating in a research report on Tuesday, July 31st. Credit Suisse Group lifted their target price on shares of Ralph Lauren from $153.00 to $156.00 and gave the stock an outperform rating in a research report on Wednesday, August 1st. Bank of America lifted their target price on shares of Ralph Lauren from $113.00 to $117.00 and gave the stock a sell rating in a research report on Wednesday, August 1st. Finally, Barclays lifted their target price on shares of Ralph Lauren from $114.00 to $118.00 and gave the stock an underweight rating in a research report on Wednesday, August 1st. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the stock. Ralph Lauren currently has a consensus rating of Hold and a consensus price target of $137.38.

Ralph Lauren stock opened at $113.44 on Friday. Ralph Lauren has a 52 week low of $88.80 and a 52 week high of $147.79. The company has a current ratio of 2.98, a quick ratio of 2.17 and a debt-to-equity ratio of 0.20. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 18.71, a PEG ratio of 1.67 and a beta of 0.68.

Ralph Lauren (NYSE:RL) last posted its earnings results on Tuesday, November 6th. The textile maker reported $2.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.16 by $0.10. Ralph Lauren had a net margin of 3.82% and a return on equity of 16.19%. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the firm earned $1.99 EPS. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. As a group, sell-side analysts expect that Ralph Lauren will post 6.79 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the stock. Point72 Hong Kong Ltd purchased a new position in Ralph Lauren in the 2nd quarter valued at approximately $150,000. Financial Architects Inc grew its stake in Ralph Lauren by 498.6% in the 2nd quarter. Financial Architects Inc now owns 1,251 shares of the textile maker’s stock valued at $158,000 after buying an additional 1,042 shares in the last quarter. Visionary Asset Management Inc. purchased a new position in Ralph Lauren in the 2nd quarter valued at approximately $203,000. Cadence Capital Management LLC purchased a new position in Ralph Lauren in the 2nd quarter valued at approximately $203,000. Finally, Lourd Capital LLC purchased a new position in Ralph Lauren in the 3rd quarter valued at approximately $205,000. 67.78% of the stock is currently owned by institutional investors.

About Ralph Lauren

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. It offers apparel, including a range of men's, women's, and children's clothing accessories, which comprise footwear, eyewear, watches, fashion and fine jewelry, hats, gloves, umbrellas, belts, and leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, tabletops, floorcoverings, and giftware; and fragrances.

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Analyst Recommendations for Ralph Lauren (NYSE:RL)

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