Ralph Lauren Corp (RL) Receives a Hold from Citigroup
Citigroup analyst Kate McShane maintained a Hold rating on Ralph Lauren Corp (RL) today and set a price target of $126. The company’s shares opened today at $113.46.
According to TipRanks.com, McShane is a 5-star analyst with an average return of 9.7% and a 65.2% success rate. McShane covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Advance Auto Parts, and Bed Bath & Beyond.
Ralph Lauren Corp has an analyst consensus of Hold, with a price target consensus of $134.44, implying a 18.5% upside from current levels. In a report issued on November 26, Nomura also maintained a Hold rating on the stock with a $125 price target.
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Ralph Lauren Corp’s market cap is currently $8.97B and has a P/E ratio of 38.69. The company has a Price to Book ratio of 2.59.
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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.