Analysts Set Ralph Lauren Co. (NYSE:RL) Price Target at $275.71

Shares of Ralph Lauren Co. (NYSE:RL - Get Free Report) have earned a consensus rating of "Moderate Buy" from the sixteen ratings firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $272.14.

A number of research analysts recently issued reports on the stock. Cowen reiterated a "buy" rating on shares of Ralph Lauren in a report on Tuesday, February 4th. The Goldman Sachs Group set a $262.00 target price on shares of Ralph Lauren in a research report on Tuesday, April 22nd. Citigroup decreased their target price on shares of Ralph Lauren from $282.00 to $219.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Jefferies Financial Group increased their target price on shares of Ralph Lauren from $285.00 to $330.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Finally, Needham & Company LLC initiated coverage on shares of Ralph Lauren in a research report on Wednesday, February 12th. They set a "buy" rating and a $310.00 target price for the company.

Institutional Trading of Ralph Lauren

Several hedge funds have recently bought and sold shares of RL. MassMutual Private Wealth & Trust FSB lifted its stake in Ralph Lauren by 93.7% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 122 shares of the textile maker's stock valued at $27,000 after acquiring an additional 59 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Ralph Lauren by 1,270.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 137 shares of the textile maker's stock valued at $32,000 after acquiring an additional 127 shares in the last quarter. Sentry Investment Management LLC lifted its stake in Ralph Lauren by 178.0% during the 1st quarter. Sentry Investment Management LLC now owns 139 shares of the textile maker's stock valued at $31,000 after acquiring an additional 89 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock valued at $47,000 after acquiring an additional 149 shares in the last quarter. Finally, Pinpoint Asset Management Ltd lifted its stake in Ralph Lauren by 22,500.0% during the 4th quarter. Pinpoint Asset Management Ltd now owns 226 shares of the textile maker's stock valued at $52,000 after acquiring an additional 225 shares in the last quarter. Institutional investors and hedge funds own 67.91% of the company's stock.

Ralph Lauren Trading Up 0.8 %

NYSE RL traded up $1.78 during trading hours on Thursday, reaching $223.73. The company's stock had a trading volume of 599,131 shares, compared to its average volume of 841,565. The firm has a fifty day simple moving average of $224.07 and a 200-day simple moving average of $228.84. The stock has a market cap of $13.82 billion, a P/E ratio of 20.41, a P/E/G ratio of 1.73 and a beta of 1.38. Ralph Lauren has a 52 week low of $155.96 and a 52 week high of $289.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.76 and a quick ratio of 1.31.

Ralph Lauren (NYSE:RL - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The textile maker reported $4.82 earnings per share (EPS) for the quarter, beating 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 analysts forecast that Ralph Lauren will post 12.01 earnings per share for the current fiscal year.

Ralph Lauren Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a $0.825 dividend. This represents a $3.30 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Friday, March 28th. Ralph Lauren's payout ratio is currently 30.11%.

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.