Ralph Lauren (NYSE:RL) Upgraded at Cfra Research

Ralph Lauren (NYSE:RL - Get Free Report) was upgraded by research analysts at Cfra Research from a "moderate sell" rating to a "hold" rating in a note issued to investors on Monday, April 14th,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on RL. Wells Fargo & Company raised Ralph Lauren from an "equal weight" rating to an "overweight" rating and dropped their price objective for the company from $275.00 to $240.00 in a research note on Tuesday, April 8th. Needham & Company LLC started coverage on Ralph Lauren in a research note on Wednesday, February 12th. They issued a "buy" rating and a $310.00 price objective on the stock. BNP Paribas raised Ralph Lauren to a "strong-buy" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group raised shares of Ralph Lauren from a "neutral" rating to a "buy" rating and raised their target price for the company from $280.00 to $286.00 in a report on Tuesday, March 18th. Finally, UBS Group increased their price objective on Ralph Lauren from $332.00 to $348.00 and gave the company a "buy" rating in a report on Friday, February 7th. Three analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Ralph Lauren currently has a consensus rating of "Moderate Buy" and an average price target of $277.43.

Ralph Lauren Price Performance

NYSE RL traded up $6.50 during mid-day trading on Monday, hitting $210.54. The stock had a trading volume of 192,335 shares, compared to its average volume of 842,226. Ralph Lauren has a twelve month low of $155.96 and a twelve month 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. The firm's 50 day moving average is $231.98 and its 200 day moving average is $228.19. The stock has a market capitalization of $13.00 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 1.73 and a beta of 1.38.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Ralph Lauren by 93.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 122 shares of the textile maker's stock worth $27,000 after acquiring an additional 59 shares during the period. Sentry Investment Management LLC grew its holdings in Ralph Lauren by 178.0% in the first quarter. Sentry Investment Management LLC now owns 139 shares of the textile maker's stock valued at $31,000 after purchasing an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Ralph Lauren by 1,270.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 137 shares of the textile maker's stock valued at $32,000 after buying an additional 127 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Ralph Lauren by 281.1% during the 4th quarter. Jones Financial Companies Lllp now owns 202 shares of the textile maker's stock worth $47,000 after buying an additional 149 shares during the last quarter. Finally, Pinpoint Asset Management Ltd grew its stake in Ralph Lauren by 22,500.0% in 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 during the last quarter. 67.91% of the stock is owned by hedge funds and other institutional investors.

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.