Earlier, due to the unsatisfactory retail market environment in China, the company's share price dropped sharply last year due to poor sales performance of Coach, but Coach's share price rose 1.3% to $33.14 after upgrading analysts recently.

According to an analysis report by Corinna Freedman, an analyst of BB&T company, Coach's stock has been raised from holding rating to holding rating.

Corinna Freedman said that the negative trend of the company no longer worsened.

The loss has bottomed out, the company's

Is improving.

At present, Coach has a market capitalization of US $9 billion 100 million. According to standard & Poor's Capital IQ, the return on equity in the first 12 months is 15.5%.

Corinna Freedman continued to say, "however, at present,

It has not officially begun to regain market share, although the company has appointed Mulberry Stuart Vevers as the brand creative director, and has increased investment to enhance the shopping experience of the entity store.

We believe that the price of Coach is comparable to the current valuation level of the company, and there is no expansion plan for the company in the short term.

In the past 52 weeks, Coach's stock price has reached a maximum value of US $43.87, with a minimum value of US $27.22.

Last month, Cowen &Co. analysts raised the stock from the market to an increase from the market, and set a target of $38.