Why Ralph Lauren's Stock Is Trading Lower
Ralph Lauren (NYSE: RL) shares are trading lower on Thursday after getting a lowered price target.
Citigroup maintained Neutral on the stock and lowered its price target from $87 to $80.
Ralph Lauren designs, markets, and distributes lifestyle products in North America, Europe and Asia. Its products include apparel, footwear, eyewear, jewelry, leather goods, home products, and fragrances.
Ralph Lauren shares are trading down 6.19% at $75.90 on Thursday. The stock has a 52-week high of $133.10 and a 52-week low of $59.82.
Related Links:
Ralph Lauren Trades Lower Despite Q1 Earnings Beat
Report: Rising Number Of Working Women Fuels Growth In Designer Handbags
Latest Ratings for RL
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2021 | RBC Capital | Upgrades | Sector Perform | Outperform |
| Dec 2020 | Citigroup | Upgrades | Neutral | Buy |
| Dec 2020 | Goldman Sachs | Upgrades | Sell | Buy |
View More Analyst Ratings for RL
View the Latest Analyst Ratings
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: why it's movingNews Price Target Analyst Ratings
