UBS AG (UBS) Analysts Raise Price Target on Coach (COH) to $65.00

Equities research analysts at UBS AG (NYSE: UBS) boosted their price target on shares of Coach (NYSE: COH) from $60.00 to $65.00 in a research note to investors on Wednesday. The analysts currently have a "neutral" rating on the stock.

Separately, analysts at JPMorgan Chase & Co. (NYSE: JPM) raised their price target on shares of Coach to $68.00 in a research note to investors on Wednesday. They now have an "overweight" rating on the stock. Also, analysts at Needham & Company raised their price target on shares of Coach from $68.00 to $74.00 in a research note to investors on Wednesday. They now have a "buy" rating on the stock.

Shares of Coach traded up 0.52% during mid-day trading on Thursday, hitting $61.35. Coach has a 52 week low of $35.06 and a 52 week high of $69.20. The stock's 50-day moving average is $63.62 and its 200-day moving average is $58.03. The company has a market cap of $18.013 billion and a price-to-earnings ratio of 21.18.

Coach last announced its quarterly results on Tuesday, August 2nd. The company reported $0.68 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.65 EPS by $0.03. The company’s quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts predict that Coach will post $0.69 EPS next quarter.

Coach, Inc. (Coach) is a marketer of fine accessories and gifts for women and men. Coach’s product offerings include handbags, women’s and men’s accessories, footwear, business cases, jewelry, wearables, sunwear, travel bags, fragrance and watches. Coach operates in two business segments: Direct-to-Consumer and Indirect. During the fiscal year ended July 3, 2010, the Company introduced Poppy, which offers a variety of silhouettes. It also introduced additional lifestyle collections. The accessories include women’s and men’s small leather goods, novelty accessories and women’s and men’s belts. The Company’s footwear is distributed through select Coach retail stores, coach.com and over 950 United States department stores. The wearables category consists of jackets, sweaters, gloves, hats and scarves, including both cold weather and fashion. During fiscal 2010, Estee Lauder Companies Inc., through its subsidiary, Aramis Inc., became Coach’s fragrance licensee.

Stay on top of analysts' coverage with American Banking & Market News' daily email newsletter that provides a concise list of analysts' upgrades, analysts' downgrades and analysts' price target changes for each day. Click here to register .

Coach Kristin Leather Crossbody Bag Outlet » Coach » Buying ...

Article by Lynne Saarte

Accessories have been on Women’s top shopping list for years, especially high-quality leather accessories. One of their top choices for handbags is a well recognized name of Coach. There is a reason why they prefer to accessorize with branded products like that. With a reputation for style and quality, Coach remains a favorite. But in the contrary, what happens when the market is flooded with knockoff Coach purses? How can a consumer avoid purchasing a fake and still get a good deal?

Once you have a genuine Coach handbag, even if it’s purchased from an outlet, you will never be able to go back to a cheap knockoff. Replica Coach Handbags are widely found and customers have to pay increased attention to the features that make genuine purses distinguishable. Coach has a reputation for using only top quality leather and this is where to whole experience starts. Their handbags are made from soft and flexible leather, becoming more firm as time passes. This is just one of the many quality trademarks of real Coach products as opposed to low priced Coach purse knockoffs.

High quality and a high level of service is a Coach plus. If you look at any available Coach collection either their handbags, shoes or clothing, the quality offered remains at a very high level. Going back to Coach handbags, looking at stitching is another way to distinguish a authentic Coach handbag to a replica. You will notice that the stitching on authentic items have specific patterns which are very hard to copy and, therefore, are rarely found on Coach purse knockoffs. Replica Coach handbags have stitching that lacks both neatness and order, not to mention the asymmetrical patterns. The finished product of non knockoffs is exquisite and produces a mark of excellence. As for the zippers, these are always a trademark of quality for Coach handbags as opposed to the knockoffs present on the market.

Coach counterfeits are unfortunately affecting the good name this brand has managed to create over the years. They are cheap, that’s obvious, but they also low on quality. Coach purse knockoffs stand out, being made of fake leather. Even when real leather is used for the making of such products, things like the stitches, zippers or the interior tell the truth. This is why it is important to take a good long look at any purse or handbag before making an actual purchase. It’s in your own interest to check out the interior as well, as there are many signs in there suggestive of a fake.

Encyclopedia of Consumer Brands: Personal products

Kiplinger's Personal Finance

Making leather handbags and other stylish accessories

Intermediate accounting, financial reporting and analysis

West's federal supplement