Barclays Forecasts Strong Price Appreciation for Ralph Lauren (NYSE:RL) Stock

Ralph Lauren (NYSE:RL) had its target price increased by analysts at Barclays from $463.00 to $473.00 in a report released on Friday, Benzinga reports. The firm currently has an “overweight” rating on the textile maker’s stock. Barclays‘s price target points to a potential upside of 24.43% from the company’s current price.

Several other equities analysts have also commented on the company. Evercore reissued an “outperform” rating and set a $460.00 price target on shares of Ralph Lauren in a research report on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of Ralph Lauren from $434.00 to $452.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Telsey Advisory Group lifted their price objective on shares of Ralph Lauren from $460.00 to $470.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft set a $446.00 target price on shares of Ralph Lauren in a research report on Friday, August 7th. Finally, Weiss Ratings downgraded shares of Ralph Lauren from a “buy (b+)” rating to a “buy (b)” rating in a research note on Wednesday, August 26th. Fifteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $449.79.

Ralph Lauren Stock Down 0.4%

NYSE:RL traded down $1.64 during mid-day trading on Friday, hitting $380.14. The company had a trading volume of 149,484 shares, compared to its average volume of 637,490. The business has a fifty day simple moving average of $363.44 and a 200-day simple moving average of $367.66. The firm has a market capitalization of $22.65 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.86 and a beta of 1.30. Ralph Lauren has a 1 year low of $315.71 and a 1 year high of $421.60. The company has a current ratio of 2.04, a quick ratio of 1.42 and a debt-to-equity ratio of 0.53.

Ralph Lauren (NYSE:RL) last issued its earnings results on Thursday, November 5th. The textile maker reported $4.64 earnings per share for the quarter, topping the consensus estimate of $4.26 by $0.38. Ralph Lauren had a return on equity of 39.10% and a net margin of 11.76%. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the business earned $3.79 earnings per share. The company’s revenue was up 9.1% compared to the same quarter last year. Equities analysts forecast that Ralph Lauren will post 18.88 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ralph Lauren

A number of hedge funds have recently bought and sold shares of RL. Allspring Global Investments Holdings LLC boosted its holdings in shares of Ralph Lauren by 11.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,930 shares of the textile maker’s stock valued at $700,000 after acquiring an additional 202 shares during the period. Kestra Private Wealth Services LLC grew its position in shares of Ralph Lauren by 31.0% during the third quarter. Kestra Private Wealth Services LLC now owns 1,144 shares of the textile maker’s stock worth $406,000 after acquiring an additional 271 shares during the last quarter. Covestor Ltd grew its position in shares of Ralph Lauren by 42.8% during the third quarter. Covestor Ltd now owns 287 shares of the textile maker’s stock worth $102,000 after acquiring an additional 86 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Ralph Lauren by 52.9% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,271 shares of the textile maker’s stock worth $1,161,000 after acquiring an additional 1,132 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Ralph Lauren in the 3rd quarter worth about $5,213,000. Institutional investors and hedge funds own 67.91% of the company’s stock.

Key Stories Impacting Ralph Lauren

Here are the key news stories impacting Ralph Lauren this week:

• Positive Sentiment: Quarterly revenue rose 9.1% year over year to $2.19 billion, while earnings of $4.64 per share topped analyst estimates. Strong demand in Asia and improved margins helped drive the results. Article: RL Q2 Earnings Beat Estimates on Strong Asia Sales, Margins Rise
• Positive Sentiment: Ralph Lauren raised its fiscal 2027 constant-currency revenue growth and adjusted operating-margin expansion guidance, signaling confidence in continued demand and profitability. Article: Ralph Lauren Raises 2027 Guidance
• Negative Sentiment: Despite the beat and raised guidance, reports pointed to weaker European sales and an outlook that may have fallen short of elevated investor expectations. That tempered the otherwise upbeat quarter and appears to have weighed on the stock. Article: Weak European Sales and FY27 Outlook Temper Upbeat Q2

Ralph Lauren Company Profile

Ralph Lauren Corporation (NYSE: RL) is a global luxury lifestyle company founded by Ralph Lauren in 1967. The company designs, markets and distributes apparel, accessories, home furnishings, fragrances and related products under a portfolio of brands that includes Ralph Lauren, Polo Ralph Lauren, Lauren Ralph Lauren, Ralph Lauren Purple Label and Double RL.

Ralph Lauren serves men, women and children through a combination of directly operated stores, digital commerce, wholesale distribution and licensing arrangements.