Tapestry – Consensus indicates potential rise of 44.2%


Tapestry with ticker code (TPR) now have 23 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The range between the high target price and the low target price is between 67 and 40, with the average target price being 53.39. Given that the previous close of shares was at 37.02, this indicates that there is a potential upside of 44.2%. The 50-day AD is 40.47 and the 200-day AD is 42.8. The company has a market capitalization of $ 10,582 million. You can visit the company’s website by visiting: http://www.tapestry.com

Tapestry provides luxury accessories and branded lifestyle products to the United States, Japan, Greater China and overseas. The company operates through three segments: Coach, Kate Spade and Stuart Weitzman. The company offers women’s accessories, including handbags, such as wallets, silver coins, bracelets and cosmetic cases; novelty accessories including address books, time management and travel accessories, sketchbooks and portfolios; and key chains and charms. It also offers collections of bags, including business cases, computer bags, messenger style bags, backpacks and tote bags; small leather goods, such as wallets, card cases, travel organizers and belts; and men’s shoes, watches, sunglasses, novelty accessories and ready-to-wear. In addition, the company offers shoes for women; Sun glasses; bracelets, necklaces, rings and earrings; perfumes and watches; women’s seasonal lifestyle clothing collections which include outerwear and ready-to-wear, and cold weather accessories, which include gloves, scarves and hats. In addition, it provides footwear; and children’s household items and home accessories, such as trendy bedding and tableware; and stationery and gifts. In addition, the company licenses the rights to market and distribute its jewelry, glasses, watches, perfumes and technological accessories under the Coach brand; and fashion bedding, tableware and housewares, eyewear, watches, stationery and gifts, and tech accessories under the Kate Spade brand. As of July 3, 2021, it was operating through a network of 939 Coach stores, 407 Kate Spade stores, and 104 Stuart Weitzman stores. The company sells its products through e-commerce sites and concession stores, and wholesale customers, as well as through independent third-party distributors. The company was previously known as Coach and changed its name to Tapestry in October 2017. Tapestry was founded in 1941 and is headquartered in New York, New York.

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