RBC Capital analyst Brian Tunick reiterated a Hold rating on Ralph Lauren Corp (NYSE: RL) today and set a price target of $140. The company’s shares opened today at $134.98.
According to TipRanks.com, Tunick is a 3-star analyst with an average return of 2.5% and a 51.9% success rate. Tunick covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Signet Jewelers Limited, and Burlington Stores.
The word on The Street in general, suggests a Hold analyst consensus rating for Ralph Lauren Corp with a $135.63 average price target, a 0.5% upside from current levels. In a report released today, Guggenheim also maintained a Hold rating on the stock.
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Ralph Lauren Corp’s market cap is currently $11.05B and has a P/E ratio of 68.52. The company has a Price to Book ratio of 3.17.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. Last month, Ralph Lauren, the Exec. Chair, Chief Creative of RL sold 100,000 shares for a total of $14,240,392.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ralph Lauren Corp. engages in the design, marketing and distribution of premium lifestyle products. The firm offers apparel, accessories, home furnishings, and other licensed product. It operates through the following segments: North America, Europe, and Asia.
