Compagnie Financière Richemont (OTCMKTS:CFRUY) was upgraded by Zacks Investment Research from a “maintain” score to a “purchase” score in a analysis report issued to shoppers and traders on Monday, Zacks.com experiences. The agency presently has a $17.00 value goal on the inventory. Zacks Investment Research‘s value goal would point out a possible upside of 13.11% from the corporate’s earlier shut.
In line with Zacks, “Compagnie Financière Richemont SA, with its subsidiaries designs, develops, manufactures and sells luxurious items in Europe, Asia-Pacific, Americas and Japan. Richemont operates in 5 key areas: jewelry, watches, writing devices, leather-based and equipment, and clothes. The Group’s luxurious pursuits embody a number of of essentially the most prestigious names within the luxurious business together with Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc. Compagnie Financière Richemont SA is headquartered in Geneva, Switzerland. “
A number of different analysts additionally just lately weighed in on CFRUY. Barclays assumed protection on shares of Compagnie Financière Richemont in a report on Tuesday, September twenty first. They issued an “obese” score for the corporate. Morgan Stanley reiterated an “obese” score on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Credit score Suisse Group reiterated a “impartial” score on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Deutsche Financial institution Aktiengesellschaft reiterated a “purchase” score on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Lastly, Oddo Bhf upgraded shares of Compagnie Financière Richemont from an “underperform” score to a “impartial” score in a analysis notice on Friday, September twenty fourth. Three funding analysts have rated the inventory with a maintain score and twelve have given a purchase score to the corporate’s inventory. In line with MarketBeat.com, the inventory presently has a consensus score of “Purchase” and a consensus value goal of $17.00.
Shares of OTCMKTS CFRUY traded up $0.08 throughout noon buying and selling on Monday, reaching $15.03. 145,124 shares of the inventory have been exchanged, in comparison with its common quantity of 288,101. The corporate has a 50 day easy transferring common of $14.28 and a 200 day easy transferring common of $12.59. Compagnie Financière Richemont has a twelve month low of $8.88 and a twelve month excessive of $15.67.
Compagnie Financière Richemont Firm Profile
Compagnie Financière Richemont SA engages within the design, manufacture, and distribution of luxurious items. It operates by means of the next segments: Jewelry Maisons, Specialist Watchmakers, On-line Distributors, and Different. The Jewelry Maisons phase produces jewelry merchandise which embody Cartier and Van Cleef & Arpels.
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