Ralph Lauren (NYSE:RL) Stock Rating Upgraded by Citigroup

Ralph Lauren (NYSE:RL) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm presently has a $400.00 price target on the textile maker’s stock, up from their previous price target of $360.00. Citigroup’s price objective would indicate a potential upside of 15.60% from the company’s current price.

A number of other analysts have also recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Ralph Lauren from $385.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $422.00 price target on shares of Ralph Lauren in a research note on Thursday, January 8th. UBS Group reissued a “buy” rating on shares of Ralph Lauren in a report on Tuesday, March 3rd. Weiss Ratings downgraded shares of Ralph Lauren from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, March 20th. Finally, Barclays boosted their price objective on Ralph Lauren from $416.00 to $430.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $391.56.

Ralph Lauren Stock Up 0.7%

RL stock opened at $346.01 on Tuesday. Ralph Lauren has a 1-year low of $176.61 and a 1-year high of $389.15. The business’s 50 day simple moving average is $356.13 and its 200 day simple moving average is $344.59. The company has a current ratio of 2.10, a quick ratio of 1.52 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $20.95 billion, a PE ratio of 23.55, a PEG ratio of 1.34 and a beta of 1.47.

Ralph Lauren (NYSE:RL) last announced its quarterly earnings results on Thursday, February 5th. The textile maker reported $6.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.80 by $0.42. Ralph Lauren had a return on equity of 37.97% and a net margin of 11.73%.The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.30 billion. During the same quarter last year, the firm posted $4.82 EPS. The company’s quarterly revenue was up 12.2% on a year-over-year basis. As a group, research analysts anticipate that Ralph Lauren will post 12.01 EPS for the current year.

Insider Transactions at Ralph Lauren

In other Ralph Lauren news, CEO Patrice Louvet sold 47,000 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $354.22, for a total value of $16,648,340.00. Following the completion of the sale, the chief executive officer owned 85,552 shares of the company’s stock, valued at $30,304,229.44. The trade was a 35.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 38.34% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Ralph Lauren

Hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in Ralph Lauren by 13.2% in the second quarter. JPMorgan Chase & Co. now owns 1,007,745 shares of the textile maker’s stock valued at $276,407,000 after purchasing an additional 117,494 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Ralph Lauren by 18.6% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 32,362 shares of the textile maker’s stock worth $10,147,000 after purchasing an additional 5,075 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Ralph Lauren by 7.4% in the third quarter. Envestnet Asset Management Inc. now owns 265,601 shares of the textile maker’s stock valued at $83,282,000 after buying an additional 18,355 shares during the period. Winnow Wealth LLC acquired a new position in shares of Ralph Lauren in the third quarter valued at approximately $899,000. Finally, Rakuten Investment Management Inc. bought a new position in Ralph Lauren in the 3rd quarter valued at approximately $86,719,000. 67.91% of the stock is currently owned by institutional investors and hedge funds.

Key Ralph Lauren News

Here are the key news stories impacting Ralph Lauren this week:

• Positive Sentiment: Citigroup upgraded RL from Neutral to Buy and raised its price target to $400 (from $360), implying about a mid-teens upside versus recent levels — this is the primary driver of today’s upside as it signals stronger analyst conviction. Citigroup upgrades Ralph Lauren (RL)
• Positive Sentiment: Other outlets and analyst notes amplified the upgrade story (coverage on Benzinga/Finviz/Zacks and related write-ups), reinforcing buying interest and momentum in the stock. Benzinga coverage
• Positive Sentiment: Market commentary says RL shares are gaining momentum amid “fashion retail talk,” reflecting both the upgrade and stronger investor interest in apparel names — this can boost near-term liquidity and sentiment. Ralph Lauren shares gain momentum
• Neutral Sentiment: Ralph Lauren unveiled “Timeless by Design 2030,” the next phase of its Global Citizenship & Sustainability strategy — a longer-term corporate-responsibility move that supports brand reputation but is unlikely to meaningfully change near-term earnings. Ralph Lauren Announces Timeless by Design 2030
• Neutral Sentiment: Independent analysis (Seeking Alpha) describes Ralph Lauren as a “coveted brand” with a strong outlook but views shares as fairly valued — this tempers the upgrade-driven enthusiasm by suggesting limited near-term valuation upside without continued operational beats. Ralph Lauren valuation view

About Ralph Lauren

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.