Ralph Lauren Corp (NYSE:RL) does about 1.05M shares in volume on a normal day but saw 1260806 shares change hands in Tuesday trading. The company now has a market cap of 10.75B USD. Its current market price is $168.08, marking an increase of 3.77% compared to the previous close of $161.97. The 52 week high reached by this stock is $192.03 whilst the lowest price level in 52 weeks is $103.17.
Ralph Lauren Corp (RL) has a 20-day trading average at $169.62 and the current price is -12.47% off the 52-week high compared with 62.92% distance from its 52-week low. The 50-day simple moving average of the closing price is $177.40 and its 200-day simple moving average is $139.33. If we look at the stock’s price movements over the week, volatility stands at 2.45%, which decreases to 2.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.98 to suggest the stock is neutral.
The consensus objective for the share price is $191.33, suggesting that the stock has a potential upside of 12.15% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 09, 2024 when Telsey Advisory Group reiterated the stock to “Outperform” and issued a price target of between $165 and $195. Goldman upgraded the stock to “Neutral” from Sell on December 12, 2023 at a price target of $107-$132. Evercore ISI initiated its price target at $130.
Ralph Lauren Corp (RL) stock is up 4.47% over the week and -10.41% over the past month. Its price is 16.56% year-to-date and 46.02% over the past year.
To reach the target analysts have set, the stock logically needs to grow 12.15 percent from here.
The company has a return on investment of 11.64% and return on equity of 23.33%. The price to earnings ratio (P/E ratio) amounts to 19.07 while the forward price to earnings ratio is 14.93. The beta has a value of 1.57. Price to book ratio is 4.18 and price to sales ratio is 1.63.
