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Investing.com - BTIG initiated coverage on Ralph Lauren (NYSE:RL) with a Buy rating and a $400.00 price target on Tuesday, representing significant upside from the current stock price of $317.92.
The research firm cited the strong leadership of CEO Patrice Louvet as a key factor in its positive outlook, noting that Ralph Lauren has consistently exceeded expectations on both revenue and earnings under his management. According to InvestingPro data, the company maintains impressive gross profit margins of 69% and has achieved a remarkable 58% return over the past six months.
BTIG expressed confidence that the luxury apparel company will continue to deliver impressive performance metrics going forward. InvestingPro analysis suggests the stock is trading slightly above its Fair Value, with 12 additional exclusive insights available to subscribers.
The firm established earnings per share estimates of $14.85 for fiscal year 2026 and $16.00 for fiscal year 2027.
Ralph Lauren shares have been performing well as the company continues to execute its strategic initiatives in the luxury apparel market.
In other recent news, Ralph Lauren has been the focus of several significant updates. The company unveiled its strategic growth plan, "Next Great Chapter: Drive," during an investor day in New York City. This plan includes a three-year financial outlook with expectations of revenue growth at a mid-single-digit compounded annual rate through fiscal 2028 and an operating margin expansion of 100 to 150 basis points by the same year. Additionally, Ralph Lauren announced a quarterly dividend of $0.9125 per share, payable on October 10, 2025, to shareholders of record as of September 26, 2025.
Analysts have also weighed in on Ralph Lauren’s prospects, with TD Cowen raising its stock price target to $399, maintaining a Buy rating, following discussions with company management. Telsey Advisory Group and Needham both increased their price targets to $350, citing the company’s strategic outlook and brand strategy. Telsey noted Ralph Lauren’s broad demographic appeal and strengthening value perception, while Needham highlighted the company’s stability amid a challenging retail environment. These developments reflect a focus on strategic initiatives and positive analyst sentiment surrounding Ralph Lauren.
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