Ralph Lauren (NYSE:RL) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ralph Lauren (NYSE:RL) in a research note issued on Thursday. The brokerage set a “buy” rating on the textile maker’s stock.

RL has been the subject of a number of other reports. Telsey Advisory Group reissued an “outperform” rating and set a $435.00 target price on shares of Ralph Lauren in a research report on Wednesday, December 17th. TD Cowen increased their price target on Ralph Lauren from $354.00 to $399.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. JPMorgan Chase & Co. upped their price objective on shares of Ralph Lauren from $423.00 to $430.00 and gave the company an “overweight” rating in a report on Friday, September 26th. Evercore ISI lifted their target price on shares of Ralph Lauren from $340.00 to $375.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Finally, UBS Group restated a “buy” rating and set a $473.00 price target on shares of Ralph Lauren in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $370.53.

Ralph Lauren Stock Up 1.4%

RL traded up $4.99 during mid-day trading on Thursday, reaching $365.93. 59,313 shares of the stock were exchanged, compared to its average volume of 436,683. Ralph Lauren has a 1 year low of $176.61 and a 1 year high of $380.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.35 and a current ratio of 2.04. The stock has a market capitalization of $22.19 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.77 and a beta of 1.49. The company has a 50 day moving average price of $350.13 and a two-hundred day moving average price of $319.16.

Ralph Lauren (NYSE:RL) last released its earnings results on Thursday, November 6th. The textile maker reported $3.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.45 by $0.34. Ralph Lauren had a return on equity of 36.18% and a net margin of 11.28%.The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company posted $2.54 earnings per share. Ralph Lauren’s quarterly revenue was up 16.5% on a year-over-year basis. As a group, research analysts anticipate that Ralph Lauren will post 12.01 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its position in shares of Ralph Lauren by 1,228.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 93 shares of the textile maker’s stock valued at $26,000 after purchasing an additional 86 shares during the last quarter. JPL Wealth Management LLC bought a new position in Ralph Lauren during the 3rd quarter worth approximately $27,000. CYBER HORNET ETFs LLC purchased a new position in Ralph Lauren in the 2nd quarter worth approximately $28,000. Aventura Private Wealth LLC bought a new stake in Ralph Lauren in the fourth quarter valued at approximately $29,000. Finally, Rothschild Investment LLC boosted its stake in shares of Ralph Lauren by 61.3% during the third quarter. Rothschild Investment LLC now owns 100 shares of the textile maker’s stock valued at $31,000 after purchasing an additional 38 shares during the period. Institutional investors own 67.91% of the company’s stock.

Ralph Lauren Company Profile

Ralph Lauren Corporation (NYSE: RL) is a global designer, marketer and distributor of premium lifestyle products under the Ralph Lauren name and a portfolio of related brands. The company, founded by Ralph Lauren in 1967 and headquartered in New York City, has grown from a single line of men’s neckties into a global lifestyle business that spans apparel, accessories and home goods.

Ralph Lauren’s product assortment includes menswear, womenswear and childrenswear along with footwear, leather goods, eyewear, fragrances and home furnishings.