UBS Group Raises Ralph Lauren (NYSE:RL) Price Target to $250.00

Ralph Lauren (NYSE:RL - Get Free Report) had its price target boosted by stock analysts at UBS Group from $244.00 to $250.00 in a research report issued on Thursday, Benzinga reports. The firm presently has a "buy" rating on the textile maker's stock. UBS Group's price target suggests a potential upside of 50.52% from the company's current price.

A number of other equities analysts have also recently weighed in on RL. Jefferies Financial Group started coverage on Ralph Lauren in a report on Tuesday, April 30th. They issued a "buy" rating and a $195.00 price target for the company. The Goldman Sachs Group boosted their price objective on shares of Ralph Lauren from $132.00 to $151.00 and gave the company a "neutral" rating in a research report on Friday, February 9th. TD Cowen boosted their price target on Ralph Lauren from $192.00 to $197.00 and gave the company a "buy" rating in a report on Thursday, May 9th. Raymond James raised their price objective on Ralph Lauren from $135.00 to $154.00 and gave the stock an "outperform" rating in a report on Tuesday, January 30th. Finally, Wells Fargo & Company upped their target price on Ralph Lauren from $160.00 to $185.00 and gave the company an "equal weight" rating in a research note on Monday, March 4th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $168.08.

Ralph Lauren Price Performance

Ralph Lauren stock traded down $0.89 during midday trading on Thursday, reaching $166.09. The company's stock had a trading volume of 995,050 shares, compared to its average volume of 961,122. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.54 and a current ratio of 2.17. Ralph Lauren has a fifty-two week low of $103.17 and a fifty-two week high of $192.03. The firm has a market capitalization of $10.62 billion, a PE ratio of 18.96, a P/E/G ratio of 0.96 and a beta of 1.55. The stock's 50 day simple moving average is $172.40 and its 200 day simple moving average is $154.12.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Financial Gravity Asset Management Inc. increased its position in Ralph Lauren by 99.2% in the third quarter. Financial Gravity Asset Management Inc. now owns 245 shares of the textile maker's stock worth $28,000 after buying an additional 122 shares during the period. Spire Wealth Management increased its position in Ralph Lauren by 47.9% in the 3rd quarter. Spire Wealth Management now owns 315 shares of the textile maker's stock valued at $37,000 after acquiring an additional 102 shares during the period. Fidelis Capital Partners LLC acquired a new position in shares of Ralph Lauren during the first quarter valued at $42,000. GAMMA Investing LLC acquired a new position in Ralph Lauren during the 4th quarter valued at about $45,000. Finally, Headlands Technologies LLC bought a new stake in shares of Ralph Lauren during the 3rd quarter worth about $46,000. 67.91% of the stock is currently owned by institutional investors.

About Ralph Lauren

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, lighting, tabletop, kitchen linens, floor coverings, and giftware; and fragrances.