Deutsche Bank disclosed (NYSE:RL) Ralph Lauren, bumping up its stock price target to $95 earlier today

August 11, 2016

Finance News

Stating a possible downside of -0.08%, Deutsche Bank bumped the price target of Ralph Lauren (NYSE:RL) to $95

On 8/11/2016, Telsey Advisory released a statement about Ralph Lauren(NYSE:RL) of “Outperform” with a target price of $120 that suggested an upside of 0.16%.

Displaying a price of $103.14, Ralph Lauren (NYSE:RL) traded 8.49% higher on the day. With the last stock price close up 8.90% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has increased 0.00% over the same period. Ralph Lauren has registered a 50-day average of $95.46 and two hundred day average of $94.71. 3,771,881 shares of Ralph Lauren exchanged hands, up from an avg. volume of 1,511,210

Performance Graphic:

Ralph Lauren (NYSE:RL)

Ralph Lauren has a one-year low of $82.15 and a one-year high of $137.38 with a P/E ratio of 22 and has a market cap of $8.6B.

In addition to Deutsche Bank reporting it’s stock price target, a total of 20 equity analysts have released a ratings update on the stock. The average target price is $100.90 with three firms rating the company a strong buy, seven firms rating the company a buy, 12 firms rating the stock a hold, one firm rating the stock to underperform, and lastly zero analystsrating the company as sell.

More About Ralph Lauren (NYSE:RL)

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company’s’ retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company licenses to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear, and fragrances and home furnishings.

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