Ralph Lauren Co. (NYSE:RL) Receives $284.15 Consensus Target Price from Brokerages

Shares of Ralph Lauren Co. (NYSE:RL) have earned a consensus rating of “Moderate Buy” from the fourteen analysts that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $284.15.

A number of analysts recently commented on RL shares. TD Cowen boosted their target price on shares of Ralph Lauren from $258.00 to $268.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Cowen reissued a “buy” rating on shares of Ralph Lauren in a research report on Tuesday, February 4th. StockNews.com raised shares of Ralph Lauren from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. JPMorgan Chase & Co. lifted their target price on shares of Ralph Lauren from $285.00 to $342.00 and gave the stock an “overweight” rating in a research report on Friday, February 21st. Finally, Jefferies Financial Group lifted their target price on shares of Ralph Lauren from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th.

Ralph Lauren Stock Down 2.4 %

NYSE RL opened at $232.51 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31. The company’s 50 day simple moving average is $255.08 and its 200 day simple moving average is $221.09. Ralph Lauren has a 12 month low of $155.96 and a 12 month high of $289.33. The company has a market capitalization of $14.36 billion, a P/E ratio of 21.21, a PEG ratio of 1.73 and a beta of 1.50.

Ralph Lauren (NYSE:RL) last released its earnings results on Thursday, February 6th. The textile maker reported $4.82 EPS for the quarter, topping analysts’ consensus estimates of $4.46 by $0.36. Ralph Lauren had a net margin of 10.14% and a return on equity of 30.88%. Equities research analysts expect that Ralph Lauren will post 12.01 earnings per share for the current fiscal year.

Ralph Lauren Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, December 27th were given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Friday, December 27th. Ralph Lauren’s payout ratio is presently 30.11%.

Institutional Trading of Ralph Lauren

Several large investors have recently added to or reduced their stakes in the business. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Ralph Lauren by 3.4% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,120,508 shares of the textile maker’s stock worth $489,795,000 after acquiring an additional 70,544 shares in the last quarter. FMR LLC grew its position in Ralph Lauren by 16.9% in the fourth quarter. FMR LLC now owns 1,415,473 shares of the textile maker’s stock worth $326,946,000 after acquiring an additional 205,121 shares in the last quarter. Invesco Ltd. grew its position in Ralph Lauren by 30.6% in the fourth quarter. Invesco Ltd. now owns 1,237,512 shares of the textile maker’s stock worth $285,841,000 after acquiring an additional 289,924 shares in the last quarter. Pacer Advisors Inc. grew its position in Ralph Lauren by 13.7% in the third quarter. Pacer Advisors Inc. now owns 1,139,975 shares of the textile maker’s stock worth $221,007,000 after acquiring an additional 137,631 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Ralph Lauren by 8.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,079,578 shares of the textile maker’s stock worth $249,361,000 after acquiring an additional 82,819 shares in the last quarter. 67.91% of the stock is owned by institutional investors.

Ralph Lauren Company Profile

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.