July 18, 2016

Baird Upgraded Coach Inc. (COH)


Coach Inc. (NYSE:COH) was upgraded by equities research analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a report released on Monday. The brokerage presently has a $50.00 target price on the luxury accessories retailer’s stock, up from their prior target price of $45.00. Robert W. Baird’s target price points to a potential upside of 18.20% from the company’s current price.

COH has been the topic of a number of other research reports. Vetr lowered shares of Coach from a “hold” rating to a “sell” rating and set a $37.88 price objective on the stock. in a report on Monday, March 21st. BMO Capital Markets cut their price objective on shares of Coach from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, March 28th. Canaccord Genuity cut their price objective on shares of Coach from $55.00 to $47.00 and set a “hold” rating on the stock in a report on Monday, March 28th. Cowen and Company cut their price objective on shares of Coach from $55.00 to $48.00 and set a “market perform” rating on the stock in a report on Monday, March 28th. Finally, Credit Suisse Group AG cut their price objective on shares of Coach from $50.00 to $46.00 and set a “neutral” rating on the stock in a report on Monday, March 28th. Two investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and seventeen have given a buy rating to the company’s stock. Coach currently has an average rating of “Hold” and an average price target of $41.72.