Oppenheimer analyst Brian Nagel maintained a Hold rating on Tapestry (TPR) today. The company’s shares closed last Monday at $29.34.
According to TipRanks.com, Nagel is a 5-star analyst with an average return of 12.1% and a 70.1% success rate. Nagel covers the Services sector, focusing on stocks such as Williams-Sonoma, Capri Holdings, and Tractor Supply.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tapestry with a $29.00 average price target, which is a -2.8% downside from current levels. In a report issued on February 3, BMO Capital also initiated coverage with a Hold rating on the stock with a $28.00 price target.
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The company has a one-year high of $36.55 and a one-year low of $18.54. Currently, Tapestry has an average volume of 3.62M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TPR in relation to earlier this year.
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Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade, Stuart Weitzman, and Corporate.
