Analyst Ratings for Ralph Lauren Corp. Cl A (RL)Updated: 2017-07-28
An average rating of Hold has been given to Ralph Lauren Corp. Cl A (NYSE:RL) by analysts covering the stock. Last month, RL received an average rating of Hold.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 17 gave a hold rating, 1 gave an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for RL by the analysts covering the stock. The most optimistic price target was 80, implying a possible profit of 6.33 percent. The most pessimistic analyst gave a price target of 66, which equates to a potential downside of -12.28 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.51 percent on average, compared to last month. That number becomes 12.28 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.53 percent. If we look at the last 90 days instead, we find a net average change of -8.51 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
RL has traded between a high of 114.00 and a low of 66.06 over the past year. Currently the stock is 13.9 percent higher than its low, and 34 percent lower than its 52-week high. RL has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The RL value stock report compares RL to some of its peers using value stock charts. The market cap of RL is $6.15 billion. RL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.