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Ralph Lauren (RL) Gets a Buy from Barclays

Tipranks - Tipranks - Sat Mar 7, 4:54AM CST

In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Ralph Lauren, with a price target of $430.00.

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According to TipRanks, Yih is a 4-star analyst with an average return of 5.6% and a 50.39% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, American Eagle, and Abercrombie Fitch.

In addition to Barclays, Ralph Lauren also received a Buy from UBS’s Jay Sole in a report issued on March 3. However, on February 23, TipRanks – xAI downgraded Ralph Lauren (NYSE: RL) to a Hold.

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Based on Ralph Lauren’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $2.41 billion and a net profit of $361.6 million. In comparison, last year the company earned a revenue of $2.14 billion and had a net profit of $297.4 million

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