Short Term Price Target on Coach (COH)

Coach (NYSE:COH) : 15 investment research analysts covering Coach (NYSE:COH) have an average price target of $43.93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $34 for the short term. Analysts expect the variance to be within $5.35 of the average price.

Shares of Coach, Inc. rose by 0.77% in the last five trading days and 3.56% for the last 4 weeks. Coach, Inc. is up 1.41% in the last 3-month period. Year-to-Date the stock performance stands at 26.64%. Also, Stifel Nicolaus assumes its view on Coach (NYSE:COH) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. The rating by the firm was issued on May 17, 2016.

Coach (NYSE:COH) : 21 analysts are covering Coach (NYSE:COH) and their average rating on the stock is 2, which is read as a Buy. 11 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Coach (NYSE:COH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.90 and $39.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.74, notching a gain of 2.21% for the day. The total traded volume was 4,164,584 . The stock had closed at $39.86 on the previous day.

In an insider trading activity,The director of Coach Inc, Zeitlin Jide James sold 3,206 shares at $37.32 on June 14, 2016. The Insider selling transaction had a total value worth of $119,648. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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