Capri Holdings (CPRI – Research Report) received a Hold rating and price target from Guggenheim analyst Robert Drbul yesterday. The company’s shares closed yesterday at $53.90.
According to TipRanks, Drbul is a 5-star analyst with an average return of 6.2% and a 59.06% success rate. Drbul covers the Consumer Cyclical sector, focusing on stocks such as Nike, Capri Holdings, and VF.
Capri Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $50.14, representing a -6.98% downside. In a report released yesterday, Robert W. Baird also downgraded the stock to a Hold with a $57.00 price target.
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CPRI market cap is currently $4.06B and has a P/E ratio of 7.72.
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Capri Holdings Ltd. engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women’s apparel and accessories and men’s apparel. It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through directly operated Versace boutiques. The Jimmy Choo segment sells Jimmy Choo luxury goods to end clients through directly operated Jimmy Choo stores. The Michael Kors segment sells Michael Kors products through four primary Michael Kors retail store formats: Collection, Lifestyle, outlet stores and e-commerce. The company was founded by Michael David Kors on December 13, 2002 and is headquartered in London, the United Kingdom.
Read More on CPRI:
- Capri Holdings (NYSE: CPRI) Soars after $8.5 Billion Acquisition by Tapestry
- Tapestry (NYSE:TPR) May Scoop Up Capri Holdings, Broaden Horizons
- CPRI Earnings this Week: How Will it Perform?
- Capri Holdings price target lowered to $34 from $36 at Jefferies
- Tapestry price target lowered to $50 from $53 at Jefferies
