Ralph Lauren Stock Rating Reaffirmed by TheStreet (RL)

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TheStreet reiterated their buy rating on shares of Ralph Lauren (NYSE: RL) in a research note released on Tuesday morning, AnalystRatings.Net reports.

“Ralph Lauren (RL) has been reiterated by TheStreet Ratings as a buy with a ratings score of A+. The company’s strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”

,” TheStreet’s analyst commented.

Several other analysts have also recently commented on the stock. Analysts at Citigroup raised their price target on shares of Ralph Lauren from $204.00 to $209.00 in a research note to investors on Friday, May 24th. They now have a buy rating on the stock. Separately, analysts at JPMorgan Chase reiterated a neutral rating on shares of Ralph Lauren in a research note to investors on Friday, May 24th. They now have a $160.00 price target on the stock. Finally, analysts at Piper Jaffray reiterated an overweight rating on shares of Ralph Lauren in a research note to investors on Monday, May 20th. They now have a $190.00 price target on the stock.

Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $185.73.

Shares of Ralph Lauren (NYSE: RL) traded down 0.81% during mid-day trading on Tuesday, hitting $175.90. Ralph Lauren has a one year low of $134.29 and a one year high of $192.03. The stock’s 50-day moving average is currently $178.4. The company has a market cap of $15.972 billion and a P/E ratio of 22.17.

Ralph Lauren Corporation, formerly Polo Ralph Lauren Corporation, is engaged in the design, marketing and distribution of products, including men’s, women’s and children’s apparel, accessories (NYSE: RL), fragrances and home furnishings.

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