In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Capri Holdings (CPRI – Research Report), with a price target of $57.00. The company’s shares closed yesterday at $47.45.
Boruchow covers the Consumer Cyclical sector, focusing on stocks such as PVH, Tapestry, and Lululemon Athletica. According to TipRanks, Boruchow has an average return of -3.2% and a 44.14% success rate on recommended stocks.
Currently, the analyst consensus on Capri Holdings is a Hold with an average price target of $57.00.
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CPRI market cap is currently $5.51B and has a P/E ratio of 18.10.
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Capri Holdings (CPRI) Company Description:
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.
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