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Coach (NYSE:COH) has earned an average recommendation of “Hold” from the thirty-four analysts that are currently covering the stock, Analyst Ratings News reports. Five analysts have rated the stock with a sell recommendation, twenty-one have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $41.61.

Shares of Coach (NYSE:COH) opened at 34.09 on Wednesday. Coach has a 52 week low of $33.83 and a 52 week high of $59.58. The stock’s 50-day moving average is $40.13 and its 200-day moving average is $47.78. The company has a market cap of $9.347 billion and a P/E ratio of 10.40.

Coach (NYSE:COH) last posted its quarterly earnings results 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. Analysts expect that Coach will post $3.04 EPS for the current fiscal year.

COH has been the subject of a number of recent research reports. Analysts at Bank of America downgraded shares of Coach from a “neutral” rating to an “underperform” rating in a research note on Wednesday. They now have a $31.00 price target on the stock, down previously from $38.00. Separately, analysts at Renaissance Capital reiterated a “buy” rating on shares of Coach in a research note on Monday. They now have a $44.00 price target on the stock, down previously from $54.00. Finally, analysts at Wedbush downgraded shares of Coach from a “neutral” rating to an “underperform” rating in a research note on Monday. They now have a $26.00 price target on the stock, down previously from $40.00.

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

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