Price Target Update on Coach (NYSE:COH)

Coach (NYSE:COH) : Average target price received by Coach (NYSE:COH) is $43.93 with an expected standard deviation of $5.35. The most aggressive target on the stock is $51, whereas the most downbeat target is $34. 15 financial analysts are currently covering the stock.

Other Equity analysts have also commented on the company shares. Major Brokerage house, Stifel Nicolaus assumes its ratings on Coach (NYSE:COH). According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on May 17, 2016.

Coach (NYSE:COH): stock turned positive on Thursday. Though the stock opened at $40.6, the bulls momentum made the stock top out at $40.855 level for the day. The stock recorded a low of $40.29 and closed the trading day at $40.43, in the green by 0.35%. The total traded volume for the day was 2,485,846. The stock had closed at $40.29 in the previous days trading.

The company shares have rallied 12.83% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $42.13 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $38.94 and the 200 Day Moving Average price is recorded at $37.03. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Coach Inc, Zeitlin Jide James had sold 3,206 shares worth of $119,648 in a transaction dated June 14, 2016. In this transaction, 3,206 shares were sold at $37.32 per share.

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. Its product offerings include watches, footwear, scarves and jewelry.

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