Opinion on  Coach Inc (COH)     Sector: Consumer Cyclical  >  Industry: Apparel/Accessories
COH - 15% increase by the end of the year

About Coach Inc

Coach, Inc. (Coach) is a designer and marketer of handbags and accessories. The Company offers luxury lifestyle accessories to the customers and provides consumers with fresh and relevant products. Coach's handbags and accessories use a range of quality fabrics and materials. Coach's primary product offerings include handbags, women's and men's accessories, outerwear, business, travel, watches, footwear and eyewear. It operates in two business segments: Direct-to-Consumer and Indirect. On July 1, 2005, the Company purchased Sumitomo Corporation's 50% interest in Coach Japan, Inc., (Coach Japan), subsequently Coach Japan become a wholly owned subsidiary of the Company.

What analysts are saying

• Morgan Keegan analyst Brad A. Stephens has a $59 year-end target price on the stock.
• Goldman Sachs analyst Margaret Mager likewise said the company's report was solid, and sees growth in store for the stock.
• Analysts at Stifel Nicolaus & Company maintain their "buy" rating on Coach Inc. The target price has been raised from $50 to $55