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Barclays Stick to Their Hold Rating for Ralph Lauren Corp

Published 05/23/2021, 09:15 PM
Updated 05/23/2021, 09:15 PM


Barclays (LON:BARC) analyst Adrienne Yih maintained a Hold rating on Ralph Lauren Corp (NYSE:RL) on Friday, setting a price target of $111, which is approximately 8.33% below the present share price of $121.09.

Yih expects Ralph Lauren Corp to post earnings per share (EPS) of $1.63 for the second quarter of 2021.

The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Ralph Lauren, with an average price target of $133.27.
The analysts price targets range from a high of $172 to a low of $99.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.43 billion and a net profit of $182.9 million. The company's market cap is $8.86 billion.

According to TipRanks.com, Barclays analyst Adrienne Yih is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.5% and a 57.73% success rate.

Ralph Lauren Corp. engages in the design, marketing and distribution of premium lifestyle products. The firm offers apparel, accessories, home furnishings, and other licensed product. It operates through the following segments: North America, Europe, and Asia. The North America segment consists of sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in the U.S. and Canada, excluding Club Monaco. The Europe segment caters to sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Europe and the Middle East, excluding Club Monaco. The Asia segment covers the sales of Ralph Lauren branded apparel, accessories, home furnishings, and related products made through the Company's wholesale and retail businesses in Asia, Australia, and New Zealand. The company was founded by Ralph Lauren in 1967 and is headquartered in New York, NY.

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