Ralph Lauren Corporation Common (NYSE:RL).
September 27 investment analysts at Macquarie made no change to the company rating of “Outperform” and lowered the price target to $121.00 from $128.00. On June 8 the stock rating was upgraded from “Underperform” to “Neutral” with a current price target of $94.00 in a report issued by Bank of America.
On June 8 Citigroup held the stock rating at “Neutral” but moved down the price target from $101.00 to $94.00. June 8 investment analysts at Credit Suisse kept the stock rating at “Neutral” and moved down the price target from $102.00 to $94.00.
On May 20 analysts at BB&T Capital began coverage of the stock with a rating of “Buy” and setting a price target of $115.00.
The company is up from yesterday’s close of $97.36. The company also declared a dividend for shareholders which was paid on Friday July 15th, 2016. The dividend payment was $0.500 per share for the quarter which is $2.00 annualized. This dividend amount was represent a yeild of $2.00. The ex-dividend date was set for Wednesday the 29th of June 2016.
Shares of the company are trading at $97.94 which is just a bit below the 50 day moving average which is $103.50 and just above the 200 day moving average of $96.62. The 50 day moving average went down by -5.37% whereas the 200 day moving average was up $1.32 or +1.36%.
The company currently has a P/E ratio of 26.77 and the market cap of the company is 8.06B. As of the last earnings report the EPS was $3.66 and is projected to be $5.43 for the current year with 82,258,000 shares now outstanding. Analysts expect next quarter’s EPS will be $1.86 and the next full year EPS is projected to be $5.89.