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UBS has raised its target price for Compagnie Financière Richemont SA to 180 francs, maintaining a 'Buy' rating. The luxury goods manufacturer generates 42.2% of its sales from jewelry, 31.1% from luxury watches, and 26.7% from other products, with a significant portion of sales occurring in China (26.1%) and the USA (18.9%). Distribution channels include retail (69%), wholesale (25.1%), and online (5.9%).
Adam Lange
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs increases richemont target price to 180 francs with buy rating
COMPAGNIE FINANCIERE RICHEMONT SA
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09:05 17.01.2025
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