10:45 AM EDT, 05/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We maintain our 12-month price target of $219, based on 17.5x our FY 26 (Mar.) EPS estimate and above the company's three-year average forward P/E multiple of 14.3x, reflecting improved operating metrics compared to 2019 levels and management's execution of its long-term strategic plan. We maintain our FY 26 and FY 27 EPS estimates of $11.75 and $12.50 respectively. Shares of Ralph Lauren ( RL ) have rallied nearly 60% in less than two months and now trade at the top of its three-year range for forward P/E. Meanwhile, expectations remain elevated, reflecting the view that the company will continue to grow and see margin expansion. While we do believe the company is executing well, we believe the current macroeconomic and geopolitical environments leave no room for error and lower our opinion on valuation. We see other opportunities within the space with better risk reward.