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UBS has reaffirmed its "buy" rating for Cie Financiere Richemont, leading to a 1.47% increase in the share price to CHF 178.72. The luxury goods group's market capitalization stands at 101.8 billion euros, with a robust performance reflected in a 1.75% rise over the past month. Investors are urged to consider their options as the share price is significantly above its 52-week low and close to its high.
UBS has increased its price target for Richemont from 150 to 180 francs, maintaining a "Buy" rating. Analyst Zuzanna Pusz highlighted the robust performance of the jewelry segment in the third quarter, affirming Richemont's position as the leader in this strong market.
UBS has maintained a 'Buy' rating for Richemont, setting a target price of 150 francs following strong third-quarter sales figures that surpassed expectations. Analyst Zuzanna Pusz noted a sales momentum acceleration across all regions except Japan, anticipating a positive reaction from the luxury goods sector.
UBS has maintained a 'Buy' rating for Richemont, setting a target price of 150 francs. Analyst Zuzanna Pusz noted a slight improvement in investor sentiment towards the luxury sector, although concerns about a shaky economy and "luxury fatigue" persist. Richemont shares are seen as having above-average upside potential among the 14 rated stocks.
Compagnie Financière Richemont SA
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ubs maintains buy rating for cie financiere richemont shares
20:30 11.02.2025
ubs raises richemont price target to 180 francs maintaining buy rating
08:18 17.01.2025
ubs upgrades richemont to buy with target price of 150 francs
08:54 16.01.2025
ubs upgrades richemont to buy with target price of 150 francs
09:21 02.01.2025
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