UBS analyst Jay Sole maintained a Hold rating on Ralph Lauren (RL) today and set a price target of $77.00. The company’s shares closed last Monday at $75.28.
According to TipRanks.com, Sole is a 3-star analyst with an average return of 3.9% and a 51.9% success rate. Sole covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings, Columbia Sportswear, and Lululemon Athletica.
Currently, the analyst consensus on Ralph Lauren is a Hold with an average price target of $76.60, implying a 2.1% upside from current levels. In a report issued on October 7, Barclays also downgraded the stock to Hold with a $71.00 price target.
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The company has a one-year high of $128.29 and a one-year low of $59.82. Currently, Ralph Lauren has an average volume of 1.24M.
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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. The North America segment consists of sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company’s wholesale and retail businesses in the U.S. and Canada, excluding Club Monaco. The Europe segment caters to sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company’s wholesale and retail businesses in Europe and the Middle East, excluding Club Monaco. The Asia segment covers the sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company’s wholesale and retail businesses in Asia, Australia, and New Zealand. The company was founded by Ralph Lauren in 1967 and is headquartered in New York, NY.
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