UBS has revised its target price for EssilorLuxottica shares to 248 euros and downgraded its rating from "Buy" to "Neutral." Analyst Susy Tibaldi expects a period of stabilization for the eyewear group, despite a positive outlook.
The updated forecasts align with market consensus, and the shares are currently trading near their all-time high. UBS's cautious approach reflects the company's strong performance in the eyewear sector.
This update follows a previous study published on December 2, 2024, and disseminated on December 3, 2024.