Analysts at Robert W. Baird Didn’t Change their Past ‘Buy’ rating on Shares Tapestry Inc (TPR), Set a $50.0 TP

April 17, 2018 - By sdfsdfsdf

Tapestry Inc (TPR) Rating Reaffirmed

In a report revealed to clients this morning, Robert W. Baird kept their Buy rating on Tapestry Inc (TPR) shares. The PT would suggest a possible downside of -6.89 % from company’s previous stock close.

Tapestry, Inc. (NYSE:TPR) Ratings Coverage

Among 18 analysts covering Tapestry (TPR), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Tapestry has $60.0 highest and $42.0 lowest target. $54.38’s average target is 1.27% above currents $53.7 stock price. Tapestry had 30 analyst reports since November 2, 2017 according to SRatingsIntel. The company was maintained on Wednesday, March 14 by Oppenheimer. As per Tuesday, January 23, the company rating was maintained by Susquehanna. On Tuesday, February 6 the stock rating was maintained by Cowen & Co with “Buy”. On Wednesday, February 7 the stock rating was maintained by Barclays Capital with “Equal-Weight”. On Sunday, January 7 the stock rating was maintained by Canaccord Genuity with “Buy”. As per Wednesday, February 7, the company rating was maintained by Bank of America. Buckingham Research maintained it with “Buy” rating and $56 target in Wednesday, February 7 report. The stock of Tapestry, Inc. (NYSE:TPR) has “Hold” rating given on Tuesday, February 6 by Jefferies. The firm has “Buy” rating by Robert W. Baird given on Tuesday, February 6. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, November 8 report.

The stock increased 0.96% or $0.51 during the last trading session, reaching $53.7. About 2.40M shares traded. Tapestry, Inc. (TPR) has risen 32.68% since April 17, 2017 and is uptrending. It has outperformed by 21.13% the S&P500.

Analysts await Tapestry, Inc. (NYSE:TPR) to report earnings on May, 1. They expect $0.50 earnings per share, up 8.70 % or $0.04 from last year’s $0.46 per share. TPR’s profit will be $142.44 million for 26.85 P/E if the $0.50 EPS becomes a reality. After $1.07 actual earnings per share reported by Tapestry, Inc. for the previous quarter, Wall Street now forecasts -53.27 % negative EPS growth.

Coach, Inc. provides luxury accessories and lifestyle brands. The company has market cap of $15.30 billion. It offers handbags, wallets, money pieces, wristlets and cosmetic cases, key rings, and charms, as well as address books, time management accessories, sketchbooks, and portfolios for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, sunglasses, watches, novelty accessories, and ready-to-wear for men. It has a 48.08 P/E ratio. The firm also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, gloves, scarves, and hats; jewelry, such as bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and eau de parfum body cream for women.

Tapestry, Inc. (NYSE:TPR) Ratings Chart

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