Ralph Lauren Corp (NYSE:RL) has been given an “A-” credit rating by analysts at Morningstar. The research firm’s “A-” rating indicates that the company is a low default risk. They also gave their stock a five star rating.

Several other equities analysts have also recently weighed in on RL. Susquehanna assumed coverage on Ralph Lauren Corp in a research note on Tuesday, November 3rd. They set a “positive” rating and a $142.00 price objective on the stock. Telsey Advisory Group raised their price objective on Ralph Lauren Corp from $142.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, November 6th. Nomura dropped their price objective on Ralph Lauren Corp from $145.00 to $135.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 3rd. Goldman Sachs dropped their price objective on Ralph Lauren Corp from $167.00 to $160.00 in a research note on Monday, November 23rd. Finally, Barclays cut Ralph Lauren Corp from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $150.00 to $130.00 in a research note on Thursday, October 29th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Ralph Lauren Corp currently has a consensus rating of “Hold” and an average price target of $137.35.

In other news, major shareholder Ralph Lauren sold 50,000 shares of the company’s stock in a transaction on Thursday, November 19th. The stock was sold at an average price of $121.70, for a total transaction of $6,085,000.00. Following the transaction, the insider now directly owns 451,914 shares of the company’s stock, valued at $54,997,933.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Realty Advisors, Llc purchased 5,329 shares of the stock in a transaction dated Thursday, November 5th. The shares were acquired at an average cost of $6.65 per share, for a total transaction of $35,437.85. Following the completion of the acquisition, the insider now owns 7,821,700 shares of the company’s stock, valued at $52,014,305. The disclosure for this purchase can be found here.

Ralph Lauren Corp (NYSE:RL) opened at 106.97 on Friday. Ralph Lauren Corp has a 12-month low of $98.15 and a 12-month high of $171.27. The stock has a market cap of $9.06 billion and a price-to-earnings ratio of 16.66. The firm’s 50-day moving average price is $110.29 and its 200-day moving average price is $116.90.

Ralph Lauren Corp (NYSE:RL) last released its earnings results on Thursday, November 5th. The company reported $2.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.73 by $0.40. The company earned $2 billion during the quarter, compared to the consensus estimate of $1.96 billion. The company’s revenue was down 1.2% compared to the same quarter last year. During the same period last year, the firm posted $2.25 earnings per share. On average, equities analysts predict that Ralph Lauren Corp will post $6.93 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 8th. Stockholders of record on Thursday, December 24th were issued a dividend of $0.50 per share. This is a positive change from Ralph Lauren Corp’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Tuesday, December 22nd.

Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates in three segments: Wholesale, Retail and Licensing. Wholesale business, representing approximately 46% of net revenues as of fiscal year ended March 28, 2015 (NYSE:RL), consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company’s retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company license to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear and fragrances.

12 Month Chart for NYSE:RL

To view more credit ratings from Morningstar, visit www.jdoqocy.comclick-7674909-10651170.

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