-14.85 % to Target, Cowen & Co. Keeps ‘”Hold”’ Rating on Ralph Lauren Corp (NYSE:RL) Shares Today

January 22, 2018 - By Marry Poplack

  14.85 % to Target, Cowen & Co. Keeps ‘

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.01, from 1.04 in 2017Q2. It is positive, as 40 investors sold Ralph Lauren Corporation shares while 111 reduced holdings. 59 funds opened positions while 100 raised stakes. 52.86 million shares or 5.79% more from 49.97 million shares in 2017Q2 were reported.

Ahl Prtnrs Limited Liability Partnership stated it has 25,018 shares or 0.04% of all its holdings. Carroll Fincl Assoc invested in 0% or 18 shares. First Midwest Bank Tru Division accumulated 8,720 shares. Employees Retirement Systems Of Ohio reported 63,614 shares or 0.03% of all its holdings. Frontier Mgmt Ltd Limited Liability Company holds 0% or 224 shares. Bluemountain Ltd owns 90,487 shares. Maverick Capital Ltd holds 0.09% or 79,860 shares in its portfolio. Creative Planning stated it has 5,493 shares or 0% of all its holdings. Rhumbline Advisers accumulated 93,463 shares or 0.02% of the stock. Great West Life Assurance Company Can holds 0.01% of its portfolio in Ralph Lauren Corporation (NYSE:RL) for 40,982 shares. Oregon Pub Employees Retirement Fund reported 13,342 shares. New Mexico Educational Retirement Board holds 0.02% or 5,414 shares in its portfolio. The Japan-based Mitsubishi Ufj & Banking Corporation has invested 0.02% in Ralph Lauren Corporation (NYSE:RL). Bancorp Of America De holds 630,451 shares or 0.01% of its portfolio. Pacad Ltd reported 0.41% in Ralph Lauren Corporation (NYSE:RL).

Ralph Lauren Corp (NYSE:RL) Rating Reaffirmed

Ralph Lauren Corp (NYSE:RL) just had their share rating of a ‘”Hold”‘ issued by research analysts at Cowen & Co., who now has a $97.0 target price on the $9.26B market cap company or a -14.85 % downside potential. This key information was revealed to clients and investors in a report on 1 November.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.01, from 1.04 in 2017Q2. It is positive, as 40 investors sold Ralph Lauren Corporation shares while 111 reduced holdings. 59 funds opened positions while 100 raised stakes. 52.86 million shares or 5.79% more from 49.97 million shares in 2017Q2 were reported.

Ahl Prtnrs Limited Liability Partnership stated it has 25,018 shares or 0.04% of all its holdings. Carroll Fincl Assoc invested in 0% or 18 shares. First Midwest Bank Tru Division accumulated 8,720 shares. Employees Retirement Systems Of Ohio reported 63,614 shares or 0.03% of all its holdings. Frontier Mgmt Ltd Limited Liability Company holds 0% or 224 shares. Bluemountain Ltd owns 90,487 shares. Maverick Capital Ltd holds 0.09% or 79,860 shares in its portfolio. Creative Planning stated it has 5,493 shares or 0% of all its holdings. Rhumbline Advisers accumulated 93,463 shares or 0.02% of the stock. Great West Life Assurance Company Can holds 0.01% of its portfolio in Ralph Lauren Corporation (NYSE:RL) for 40,982 shares. Oregon Pub Employees Retirement Fund reported 13,342 shares. New Mexico Educational Retirement Board holds 0.02% or 5,414 shares in its portfolio. The Japan-based Mitsubishi Ufj & Banking Corporation has invested 0.02% in Ralph Lauren Corporation (NYSE:RL). Bancorp Of America De holds 630,451 shares or 0.01% of its portfolio. Pacad Ltd reported 0.41% in Ralph Lauren Corporation (NYSE:RL).

Ralph Lauren Corporation (NYSE:RL) Ratings Coverage

Among 29 analysts covering Polo Ralph Lauren Corporation (NYSE:RL), 9 have Buy rating, 5 Sell and 15 Hold. Therefore 31% are positive. Polo Ralph Lauren Corporation has $160 highest and $6600 lowest target. $99.42’s average target is -12.73% below currents $113.92 stock price. Polo Ralph Lauren Corporation had 78 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Telsey Advisory Group given on Wednesday, June 8. The stock has “Hold” rating by Cowen & Co on Tuesday, August 8. The rating was maintained by Cowen & Co with “Hold” on Thursday, November 16. The stock has “Hold” rating by Brean Capital on Thursday, August 11. As per Friday, February 3, the company rating was downgraded by PiperJaffray. The company was downgraded on Wednesday, October 11 by Miller Tabak. The firm has “Neutral” rating by UBS given on Monday, August 3. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, October 3 report. On Friday, November 6 the stock rating was maintained by Telsey Advisory Group with “Outperform”. The company was maintained on Monday, August 3 by Piper Jaffray.

The stock increased 1.01% or $1.14 during the last trading session, reaching $113.92. About 1.04M shares traded. Ralph Lauren Corporation (NYSE:RL) has declined 22.29% since January 22, 2017 and is downtrending. It has underperformed by 38.99% the S&P500.

Analysts await Ralph Lauren Corporation (NYSE:RL) to report earnings on February, 1. They expect $1.82 earnings per share, down 2.15 % or $0.04 from last year’s $1.86 per share. RL’s profit will be $147.92 million for 15.65 P/E if the $1.82 EPS becomes a reality. After $1.99 actual earnings per share reported by Ralph Lauren Corporation for the previous quarter, Wall Street now forecasts -8.54 % negative EPS growth.

Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company has market cap of $9.26 billion. The firm operates in three divisions: North America, Europe, and Asia. It has a 115.89 P/E ratio. It offers apparel, including a range of menÂ’s, womenÂ’s, and childrenÂ’s clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.

More news for Ralph Lauren Corporation (NYSE:RL) were recently published by: Reuters.com, which released: “Neiman Marcus names Ralph Lauren executive as CEO” on January 05, 2018. Nasdaq.com‘s article titled: “Ralph Lauren Corporation (RL) Ex-Dividend Date Scheduled for December 28, 2017” and published on December 27, 2017 is yet another important article.

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