Capri (NYSE:CPRI) Stock Rating Reaffirmed by Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of Capri (NYSE:CPRI) in a research report report published on Thursday, Benzinga reports. They currently have a $42.00 price target on the stock.

Other equities analysts have also issued reports about the stock. StockNews.com started coverage on shares of Capri in a report on Saturday, April 13th. They issued a hold rating on the stock. OTR Global restated a mixed rating on shares of Capri in a research note on Wednesday, April 17th. Eleven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of Hold and an average price target of $49.25.

Capri Stock Performance

CPRI stock opened at $34.63 on Thursday. The firm has a 50-day simple moving average of $39.52 and a two-hundred day simple moving average of $45.35. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.49 and a current ratio of 1.06. Capri has a one year low of $34.17 and a one year high of $54.52. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 7.07 and a beta of 2.08.

Institutional Investors Weigh In On Capri

Large investors have recently bought and sold shares of the company. Private Wealth Management Group LLC acquired a new stake in Capri during the 4th quarter valued at approximately $25,000. Quent Capital LLC lifted its position in Capri by 171.8% during the first quarter. Quent Capital LLC now owns 1,120 shares of the company’s stock valued at $51,000 after purchasing an additional 708 shares during the period. Bessemer Group Inc. boosted its holdings in Capri by 82.4% in the first quarter. Bessemer Group Inc. now owns 1,330 shares of the company’s stock valued at $60,000 after purchasing an additional 601 shares during the last quarter. Vima LLC acquired a new stake in Capri during the 4th quarter worth about $70,000. Finally, U S Global Investors Inc. purchased a new position in shares of Capri during the 4th quarter valued at about $75,000. Hedge funds and other institutional investors own 84.34% of the company’s stock.

About Capri

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.