Ralph Lauren Corp (RL) Receives a Hold from Guggenheim


In a report released today, Robert Drbul from Guggenheim maintained a Hold rating on Ralph Lauren Corp (RL). The company’s shares opened today at $113.95.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 10.0% and a 65.6% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Ascena Retail Group, and Burlington Stores.

Ralph Lauren Corp has an analyst consensus of Moderate Buy, with a price target consensus of $140.67, implying a 23.4% upside from current levels. In a report issued on May 8, UBS also maintained a Hold rating on the stock with a $127 price target.

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The company has a one-year high of $147.79 and a one-year low of $95.63. Currently, Ralph Lauren Corp has an average volume of 880.5K.

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock.

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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.

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