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Coach, Inc. (COH) [hlAlert]

Rating:
Hold COH

Coach, Inc. (COH) rated Hold by KeyBanc Capital Mkts

Posted on: Thursday,  Nov 12, 2009  8:25 AM ET by KeyBanc Capital Mkts

Coach, Inc. (NYSE:
COH) rated Hold by KeyBanc Capital Mkts.

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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2009 8:25 AM Hold
None
35.85
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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