GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Coach, Inc. (COH) [hlAlert]

Rating:
Neutral COH

Coach, Inc. (COH) downgraded to Neutral by Citigroup

Posted on: Thursday,  Sep 13, 2012  8:25 AM ET by Citigroup

Citigroup rated Neutral Coach, Inc. (NYSE: COH) on 09/13/2012. Previously Citigroup rated Buy Coach, Inc.
(NYSE: COH) on 04/23/2008., when the stock price was $32.45. Since then, Coach, Inc. has gained 87.92% of its value until Citigroup rated COH Buy on 09/13/2012, when the price was $60.98. .

Coach, Inc. (Coach)is a marketer of fine accessories and gifts for women and men. The Company offers lifestyle accessories. Coach?s handbags and accessories use a range of leathers, fabrics and materials. The Company?s product offerings include handbags, women?s and men?s accessories, footwear, jewelry, wearables, business cases, sunwear, travel bags, fragrance and watches. Coach operates in two business segments: Direct-to-Consumer and Indirect. The Direct-to-Consumer segment consists of channels that provide Coach with immediate, controlled access to consumers, including Coach-operated stores in North America, Japan, Hong Kong, Macau and mainland China, the Internet and the Coach catalog. Handbag collections feature designs, as well as fashion designs. Typically, there are 3 to 4 collections per quarter and 4 to 7 styles per collection. During the fiscal year ended June 27, 2009 (fiscal 2009), the Company acquired the Coach China from the ImagineX group.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2013 8:25 AM Buy
None
49.36
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -0.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 8:25 AM Hold
None
60.98
4/23/2008 8:25 AM Buy
None
32.45
3/17/2008 8:25 AM Hold
None
26.31 31.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy