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Ralph Lauren Corp (NYSE:RL)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Tuesday, American Banking News reports. They currently have a $152.00 price objective on the stock, down from their previous price objective of $170.00. JPMorgan Chase & Co.’s target price indicates a potential upside of 3.16% from the company’s current price.

Shares of Ralph Lauren Corp (NYSE:RL) traded up 0.93% on Tuesday, hitting $148.71. The stock had a trading volume of 684,146 shares. Ralph Lauren Corp has a 52 week low of $141.93 and a 52 week high of $192.03. The stock’s 50-day moving average is $155.3 and its 200-day moving average is $163.. The company has a market cap of $13.265 billion and a P/E ratio of 17.48.

Ralph Lauren Corp (NYSE:RL) last announced its earnings results on Friday, May 9th. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.05. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the previous year, the company posted $1.41 earnings per share. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. On average, analysts predict that Ralph Lauren Corp will post $8.89 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on RL. Analysts at Janney Montgomery Scott cut their price target on shares of Ralph Lauren Corp from $176.00 to $171.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Buckingham Research cut their price target on shares of Ralph Lauren Corp from $215.00 to $200.00 in a research note on Monday. Finally, analysts at Deutsche Bank cut their price target on shares of Ralph Lauren Corp from $190.00 to $180.00 in a research note on Monday. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $168.94.

Ralph Lauren Corporation is engaged in the design, marketing and distribution of products, including men’s, women’s and children’s apparel, accessories (NYSE:RL), fragrances and home furnishings.

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