Why Ralph Lauren Corporation Shares Jumped Last Month
Shares of Ralph Lauren Corporation (NYSE: RL) were climbing last month after the preppy clothier delivered surprise earnings growth in its first-quarter report. According to data from S&P Global Market Intelligence, the stock finished the month up 16%.
Image source: Ralph Lauren.
As the chart below shows, shares spiked 13% on Aug. 8 as the company beat estimates in its earnings report and showed progress in its turnaround efforts.
Source: Fool.com
Ralph Lauren A Stock
€155.92
0.420%
With 21 Buy predictions and not a single Sell prediction Ralph Lauren A is an absolute favorite of our community.
With a target price of 178 € there is a slightly positive potential of 14.16% for Ralph Lauren A compared to the current price of 155.92 €.
