In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Ralph Lauren Corp (RL), with a price target of $125. The company’s shares opened today at $101.54, close to its 52-week low of $95.63.
According to TipRanks.com, Boruchow is a 1-star analyst with an average return of -2.8% and a 38.0% success rate. Boruchow covers the Services sector, focusing on stocks such as Burlington Stores, Urban Outfitters, and Ulta Beauty Inc.
Currently, the analyst consensus on Ralph Lauren Corp is a Hold with an average price target of $130.33, implying a 28.4% upside from current levels. In a report issued on December 31, Piper Jaffray also reiterated a Hold rating on the stock with a $106 price target.
.
See today’s analyst top recommended stocks >>
Ralph Lauren Corp’s market cap is currently $8.33B and has a P/E ratio of 35.93. The company has a Price to Book ratio of 2.41.
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.
