Out of 23 analysts covering Coach Inc. (NYSE:COH), 14 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 61% are positive. Coach Inc. has been the topic of 32 analyst reports since September 28, 2015 according to StockzIntelligence Inc. Telsey Advisory Group upgraded the stock on August 5 to “Outperform” rating. Below is a list of Coach Inc (NYSE:COH) latest ratings and price target changes.
05/08/2016 Broker: Telsey Advisory Group Old Rating: Market Perform New Rating: Outperform Upgrade
10/08/2016 Broker: UBS Rating: Buy Old Target: $48.00 New Target: $47.00 Maintain
10/08/2016 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Upgrade
27/07/2016 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Old Target: $42.00 New Target: $47.00 Upgrade
18/07/2016 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Upgrade
17/05/2016 Broker: Stifel Nicolaus Rating: Hold Reinitiate
18/04/2016 Broker: Citigroup Rating: Neutral Old Target: $34.00 New Target: $38.00 Maintain
07/04/2016 Broker: William Blair Old Rating: Market Perform New Rating: Outperform Upgrade
The stock decreased 2.58% or $0.96 on September 13, hitting $36.29. About 3.02M shares traded hands. Coach Inc (NYSE:COH) has risen 8.19% since February 8, 2016 and is uptrending. It has underperformed by 8.30% the S&P500.
Coach, Inc. is a design house of luxury accessories and lifestyle collections. The company has a market cap of $10.31 billion. The Company’s product offering uses a range of leathers, fabrics and materials. It has a 22 P/E ratio. The Company’s divisions include North America, International and Stuart Weitzman.
The institutional sentiment increased to 0.97 in Q2 2016. Its up 0.04, from 0.93 in 2016Q1. The ratio increased, as 61 funds sold all Coach Inc shares owned while 179 reduced positions. 49 funds bought stakes while 183 increased positions. They now own 243.72 million shares or 0.95% more from 241.43 million shares in 2016Q1.
Sol Capital Management Co holds 15.52% of its portfolio in Coach Inc for 1.14 million shares. Greylin Investment Mangement Inc owns 737,030 shares or 7.47% of their US portfolio. Moreover, P.R. Herzig & Co. Inc. has 4.81% invested in the company for 55,883 shares. The Massachusetts-based Shellback Capital Lp has invested 4.32% in the stock. Jupiter Asset Management Ltd, a United Kingdom-based fund reported 2.44 million shares.
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