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ubs rates richemont a buy with target price of 144 francs
UBS has rated Compagnie Financière Richemont SA a 'Buy' with a target price of 144 francs. 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 coming from China (26.1%) and the USA (18.9%). Distribution channels include retail (69%), wholesale (25.1%), and online (5.9%).