Fintel reports that on February 18, 2025, Redburn Atlantic upgraded their outlook for Tapestry (LSE:0LD5) from Neutral to Buy.
Analyst Price Forecast Suggests 20.30% Downside
As of January 29, 2025, the average one-year price target for Tapestry is 70.91 GBX/share. The forecasts range from a low of 45.21 GBX to a high of 90.87 GBX. The average price target represents a decrease of 20.30% from its latest reported closing price of 88.97 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Tapestry is 7,417MM, an increase of 9.45%. The projected annual non-GAAP EPS is 4.86.
What is the Fund Sentiment?
There are 1,453 funds or institutions reporting positions in Tapestry. This is an increase of 56 owner(s) or 4.01% in the last quarter. Average portfolio weight of all funds dedicated to 0LD5 is 0.25%, an increase of 24.05%. Total shares owned by institutions increased in the last three months by 6.50% to 261,512K shares.
What are Other Shareholders Doing?
Ameriprise Financial holds 8,093K shares representing 3.91% ownership of the company. In its prior filing, the firm reported owning 7,722K shares , representing an increase of 4.58%. The firm increased its portfolio allocation in 0LD5 by 45.30% over the last quarter.
Charles Schwab Investment Management holds 7,997K shares representing 3.86% ownership of the company. In its prior filing, the firm reported owning 7,615K shares , representing an increase of 4.79%. The firm increased its portfolio allocation in 0LD5 by 12.15% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,282K shares representing 3.52% ownership of the company. In its prior filing, the firm reported owning 7,269K shares , representing an increase of 0.17%. The firm increased its portfolio allocation in 0LD5 by 3.30% over the last quarter.
Bank Of America holds 7,012K shares representing 3.39% ownership of the company. In its prior filing, the firm reported owning 1,808K shares , representing an increase of 74.21%. The firm increased its portfolio allocation in 0LD5 by 41.44% over the last quarter.
COWZ - Pacer US Cash Cows 100 ETF holds 6,116K shares representing 2.95% ownership of the company. In its prior filing, the firm reported owning 4,154K shares , representing an increase of 32.08%. The firm increased its portfolio allocation in 0LD5 by 33.57% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
