Weekly Analysts’ Ratings Changes for Capri (CPRI)

Several analysts have recently updated their ratings and price targets for Capri (NYSE: CPRI):

• 11/20/2024 – Capri had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $21.00 price target on the stock.
• 11/15/2024 – Capri had its price target lowered by analysts at Telsey Advisory Group from $26.00 to $23.00. They now have a “market perform” rating on the stock.
• 11/15/2024 – Capri had its price target lowered by analysts at TD Cowen from $57.00 to $22.00. They now have a “hold” rating on the stock.
• 11/8/2024 – Capri had its price target lowered by analysts at Robert W. Baird from $24.00 to $23.00. They now have a “neutral” rating on the stock.
• 11/1/2024 – Capri had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $26.00 price target on the stock.
• 10/25/2024 – Capri had its price target lowered by analysts at JPMorgan Chase & Co. from $57.00 to $22.00. They now have a “neutral” rating on the stock.
• 10/25/2024 – Capri had its price target lowered by analysts at Telsey Advisory Group from $42.00 to $26.00. They now have a “market perform” rating on the stock.
• 10/25/2024 – Capri had its price target lowered by analysts at Wells Fargo & Company from $42.00 to $23.00. They now have an “equal weight” rating on the stock.
• 10/17/2024 – Capri was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $42.00 price target on the stock.

Capri Price Performance

CPRI stock opened at $20.07 on Thursday. The firm’s fifty day moving average is $33.62 and its 200 day moving average is $33.85. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.38 and a current ratio of 0.93. Capri Holdings Limited has a 52 week low of $18.70 and a 52 week high of $51.23. The firm has a market cap of $2.37 billion, a P/E ratio of -6.56, a P/E/G ratio of 4.33 and a beta of 2.05.

Hedge Funds Weigh In On Capri

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Blair William & Co. IL lifted its position in Capri by 5.8% during the second quarter. Blair William & Co. IL now owns 6,362 shares of the company’s stock valued at $210,000 after purchasing an additional 350 shares in the last quarter. Signaturefd LLC lifted its holdings in Capri by 14.7% during the second quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock valued at $90,000 after purchasing an additional 351 shares in the last quarter. Avior Wealth Management LLC increased its stake in shares of Capri by 15.2% in the third quarter. Avior Wealth Management LLC now owns 4,033 shares of the company’s stock worth $171,000 after purchasing an additional 533 shares in the last quarter. EMC Capital Management raised its position in shares of Capri by 32.7% during the 1st quarter. EMC Capital Management now owns 2,421 shares of the company’s stock valued at $110,000 after purchasing an additional 596 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of 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 acquiring an additional 601 shares in the last quarter. Institutional investors own 84.34% of the company’s stock.

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.