Coach (NYSE: COH) recently received a number of ratings updates from brokerages and research firms:

  • 9/19/2016 – Coach was given a new $46.00 price target on by analysts at Piper Jaffray Cos.. They now have a “buy” rating on the stock.
  • 9/14/2016 – Coach was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating. They now have a $32.00 price target on the stock.
  • 9/8/2016 – Coach had its “overweight” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $46.00 price target on the stock.
  • 9/2/2016 – Coach had its “buy” rating reaffirmed by analysts at Jefferies Group.
  • 8/30/2016 – Coach had its “overweight” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $46.00 price target on the stock.
  • 8/29/2016 – Coach had its “outperform” rating reaffirmed by analysts at BlueFin Research. They now have a $45.00 price target on the stock.
  • 8/23/2016 – Coach had its “outperform” rating reaffirmed by analysts at Cowen and Company.
  • 8/13/2016 – Coach had its “hold” rating reaffirmed by analysts at Argus.
  • 8/11/2016 – Coach had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
  • 8/11/2016 – Coach had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co.. They now have a $47.00 price target on the stock.
  • 8/10/2016 – Coach was upgraded by analysts at Bank of America Corp. from an “underperform” rating to a “neutral” rating. They now have a $44.00 price target on the stock.
  • 8/10/2016 – Coach had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $43.00 price target on the stock.
  • 8/9/2016 – Coach was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating.
  • 8/5/2016 – Coach was upgraded by analysts at Telsey Advisory Group from a “market perform” rating to an “outperform” rating. They now have a $49.00 price target on the stock.
  • 8/3/2016 – Coach had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $53.00 price target on the stock.
  • 8/2/2016 – Coach was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $48.50 price target on the stock.
  • 8/2/2016 – Coach had its “overweight” rating reaffirmed by analysts at Piper Jaffray Cos.. They now have a $47.00 price target on the stock.
  • 8/1/2016 – Coach was upgraded by analysts at OTR Global to a “positive” rating.
  • 7/28/2016 – Coach had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $31.00 price target on the stock.
  • 7/27/2016 – Coach was upgraded by analysts at Credit Suisse Group AG from a “neutral” rating to an “outperform” rating. They now have a $47.00 price target on the stock, up previously from $42.00.
  • 7/27/2016 – Coach was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Coach has undertaken transformational initiatives revolving around products, stores and marketing to bring itself back on the growth trajectory and emerge as a multi-brand company. These seem feasible given a mature domestic market, foreign currency headwinds and cautious consumer spending that remains causes of concern. The company’s strategic endeavors helped it to post ninth straight quarter of positive earnings surprise when it posted third-quarter fiscal 2016 results, wherein both the top and the bottom line grew year over year. Coach is on track to streamline its North American operations and expects to deliver positive comparable sales by the fourth quarter. Management had earlier forecasted high single-digit growth in revenue in constant currency during fiscal 2016. The company also aims to reach operating margin of about 20% for the Coach brand in fiscal 2017 on the back of transformational efforts and other strategic measures.”
  • 7/27/2016 – Coach was upgraded by analysts at Vetr from a “strong sell” rating to a “strong-buy” rating. They now have a $48.50 price target on the stock.

Shares of Coach Inc. (NYSE:COH) opened at 36.03 on Thursday. The stock has a 50 day moving average of $38.67 and a 200-day moving average of $39.65. Coach Inc. has a 1-year low of $27.22 and a 1-year high of $43.71. The firm has a market capitalization of $10.05 billion, a P/E ratio of 21.84 and a beta of 0.90.

Coach (NYSE:COH) last announced its quarterly earnings data on Tuesday, August 9th. The luxury accessories retailer reported $0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.04. Coach had a return on equity of 21.32% and a net margin of 10.25%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the previous year, the business posted $0.31 EPS. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, equities analysts expect that Coach Inc. will post $2.16 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Monday, September 12th will be paid a $0.3375 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Thursday, September 8th. Coach’s dividend payout ratio is currently 81.82%.

Coach, Inc (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which includes sales to North American consumers through Coach-branded stores (including the Internet) and sales to wholesale customers; International segment, which includes sales to consumers through Coach-branded stores (including the Internet) and concession shop-in-shops in Japan and mainland China, Coach-operated stores and concession shop-in-shops in Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Belgium and the Netherlands, as well as sales to wholesale customers and distributors in approximately 45 countries, and Other segment, which consists of sales and expenses generated by the Coach brand in other ancillary channels, including licensing and disposition.

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