Ralph Lauren (NYSE:RL) Earns Outperform Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their outperform rating on shares of Ralph Lauren (NYSE:RLFree Report) in a report issued on Friday morning, Benzinga reports. Telsey Advisory Group currently has a $195.00 price objective on the textile maker’s stock.

RL has been the topic of a number of other reports. The Goldman Sachs Group raised their price objective on Ralph Lauren from $132.00 to $151.00 and gave the company a neutral rating in a research note on Friday, February 9th. Wells Fargo & Company raised their price objective 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. TD Cowen raised their target price on Ralph Lauren from $192.00 to $197.00 and gave the stock a buy rating in a research note on Thursday, May 9th. StockNews.com raised Ralph Lauren from a hold rating to a buy rating in a research note on Monday, January 22nd. Finally, Raymond James raised their target price on Ralph Lauren from $135.00 to $154.00 and gave the stock an outperform rating in a research note on Tuesday, January 30th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $168.08.

View Our Latest Research Report on RL

Ralph Lauren Trading Down 0.5 %

NYSE RL opened at $167.10 on Friday. The stock’s 50-day simple moving average is $171.74 and its two-hundred day simple moving average is $155.57. Ralph Lauren has a twelve month low of $103.17 and a twelve month high of $192.03. The company has a quick ratio of 1.54, a current ratio of 2.17 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $10.68 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 0.97 and a beta of 1.55.

Ralph Lauren Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Thursday, March 28th were paid a $0.75 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $3.00 annualized dividend and a dividend yield of 1.80%. Ralph Lauren’s dividend payout ratio (DPR) is 34.01%.

Institutional Investors Weigh In On Ralph Lauren

Institutional investors have recently bought and sold shares of the business. Fidelis Capital Partners LLC purchased a new stake in Ralph Lauren in the 1st quarter worth $42,000. Financial Gravity Asset Management Inc. increased its stake in Ralph Lauren by 99.2% in the 3rd 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 in the last quarter. GAMMA Investing LLC purchased a new stake in Ralph Lauren in the 4th quarter worth $45,000. Spire Wealth Management increased its stake in Ralph Lauren by 47.9% in the 3rd quarter. Spire Wealth Management now owns 315 shares of the textile maker’s stock worth $37,000 after buying an additional 102 shares in the last quarter. Finally, EntryPoint Capital LLC purchased a new stake in Ralph Lauren in the 1st quarter worth $63,000. Hedge funds and other institutional investors own 67.91% of the company’s stock.

Ralph Lauren Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Ralph Lauren (NYSE:RL)

Receive News & Ratings for Ralph Lauren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ralph Lauren and related companies with MarketBeat.com's FREE daily email newsletter.