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Coach (NYSE:COH)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Friday. They currently have a $39.00 price target on the stock, down from their previous price target of $49.00. JPMorgan Chase & Co.’s target price suggests a potential upside of 9.27% from the company’s current price.

COH has been the subject of a number of other recent research reports. Analysts at Sterne Agee reiterated a “neutral” rating on shares of Coach in a research note on Friday. They now have a $33.00 price target on the stock, down previously from $41.00. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Coach in a research note on Friday. They now have a $34.00 price target on the stock, down previously from $45.00. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Coach in a research note on Friday. They now have a $36.00 price target on the stock, down previously from $50.00. Three analysts have rated the stock with a sell rating, twenty-one have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $44.00.

Coach (NYSE:COH) traded down 3.04% on Friday, hitting $34.6056. 20,428,368 shares of the company’s stock traded hands. Coach has a 52 week low of $35.00 and a 52 week high of $59.58. The stock has a 50-day moving average of $40.9 and a 200-day moving average of $48.3. The company has a market cap of $9.488 billion and a P/E ratio of 10.88. Coach also was the recipient of some unusual options trading on Tuesday. Stock traders acquired 17,506 call options on the stock. This is an increase of 238% compared to the average daily volume of 5,177 call options.

Coach (NYSE:COH) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts predict that Coach will post $3.05 earnings per share for the current fiscal year.

Coach, Inc (NYSE:COH) is a marketer of accessories and gifts for women and men.

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