Analyst Matthew Boss of J.P. Morgan maintained a Buy rating on Ralph Lauren, retaining the price target of $423.00.
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Matthew Boss has given his Buy rating due to a combination of factors that highlight Ralph Lauren’s strategic growth potential and robust financial outlook. The company’s leadership, under CEO Patrice Louvet, has laid out a comprehensive three-year growth plan focusing on elevating the lifestyle brand, expanding core product lines, and enhancing the consumer ecosystem in key cities worldwide. These initiatives are designed to drive sustainable, long-term growth by increasing customer lifetime value and capturing market share in a fragmented $400 billion market.
Boss also notes Ralph Lauren’s strong financial targets, including mid-single-digit revenue growth and EBIT margin expansion by 2028, supported by gross margin improvements and operating expense leverage. The company’s focus on inclusive luxury and full-funnel marketing investments is expected to deepen customer engagement across generations. Additionally, Ralph Lauren’s solid balance sheet, with significant cash reserves, positions the company well for future growth and potential shareholder returns, justifying the Buy rating.
In another report released on September 12, Needham also reiterated a Buy rating on the stock with a $350.00 price target.