Analyst Revises Ralph Lauren Corporation (NYSE:RL) Stock Target


Ralph Lauren Corporation (NYSE:RL) mean price target has been set at $102.310 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $1.850 in the near-term quarter and $5.430 for the ongoing fiscal. The market cap of Ralph Lauren Corporation Common was recorded at $8.55B after the stock closed at $103.530 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Ralph Lauren Corporation (NYSE:RL) has a P/E ratio of 28.405. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Ralph Lauren Corporation (NYSE:RL) PEG ratio sits at 3.020. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Ralph Lauren Corporation Common visibly illustrates that the 50-day MA of Ralph Lauren Corporation Common is $102.049, and stock is trading $1.886 points away or +1.848% from its 50-day moving average of $102.049. Further it is trading $8.262 or +8.635% away its 200-day moving average of $95.673. Ralph Lauren Corporation (NYSE:RL) 52-week high is $137.380 and the 52-week low is $82.150. This represents that if the stock moves $-33.445 points up on the chart to it will make a 52-week high. But, if it declines +26.519%, then the shares price can hit a new 52-week low.

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