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UBS has increased its price target for Hermès from 2390 to 2515 euros, maintaining a "Buy" rating. Analyst Zuzanna Pusz noted that while the last quarter was unremarkable for the luxury brand, the results were encouraging amid industry trends, prompting raised earnings estimates for 2025 and 2026.
UBS has increased its price target for Hermès from 2390 to 2515 euros, maintaining a "Buy" rating. Analyst Zuzanna Pusz noted that while the last quarter was unremarkable for the luxury brand, the results were encouraging amid recent industry trends, prompting raised earnings estimates for 2025 and 2026.
UBS has increased its price target for Hermès from €2390 to €2515 while maintaining a "Buy" rating. Analyst Zuzanna Pusz noted that although the last quarter was lackluster for the luxury goods group, the results were encouraging amid recent industry developments, prompting raised earnings estimates for 2025 and 2026.
UBS has maintained a 'Neutral' rating for Kering, setting a target price of 227 euros following disappointing third-quarter sales figures. Analyst Zuzanna Pusz noted that the luxury goods group is facing significant challenges. As of October 24, Kering's stock was trading at approximately 235.25 euros, reflecting a 3.23% increase.
UBS has maintained a "Neutral" rating for Kering, setting a target price of 227 euros following the release of third-quarter sales figures. Analyst Zuzanna Pusz noted that the revenue results indicate the luxury goods group is facing significant challenges.
UBS has maintained a 'Buy' rating for Hermès, setting a target price of 2390 euros following the release of third-quarter sales figures, which met consensus estimates. Analyst Zuzanna Pusz noted that the luxury goods group's revenue performance aligns well with market expectations. Hermès specializes in luxury products, with a diverse portfolio including leather goods, clothing, and accessories, and operates 294 stores globally.
UBS has maintained its "Buy" rating for Hermès, setting a target price of 2390 euros following the release of the luxury goods group's third-quarter sales figures, which met consensus estimates. Analyst Zuzanna Pusz provided this insight in a report published on October 24, 2024.
UBS has upgraded Hermès to a 'Buy' rating with a target price of 2390 euros following the release of third-quarter sales figures, which met consensus estimates. Analyst Zuzanna Pusz noted that the luxury goods group's revenue performance was broadly in line with expectations. As of October 24, 2024, Hermès shares were trading at approximately 2.082 euros, reflecting a 1.12% increase.
UBS has maintained a 'Neutral' rating for Kering, setting a target price of 227 euros following the company's challenging third-quarter sales figures. Analyst Zuzanna Pusz highlighted the difficulties faced by the luxury goods group, which includes renowned brands like Gucci and Saint Laurent. Kering reported revenues of EUR 19.6 billion in 2023 and operates 1,771 stores globally.
UBS has reduced its price target for LVMH from 660 to 629 euros, maintaining a "Neutral" rating following disappointing third-quarter sales figures. Analyst Zuzanna Pusz noted that the weaker-than-expected performance is likely to dampen investor sentiment, with declining demand for luxury goods observed not only in China but globally.
Zuzanna Pusz
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ubs raises hermes price target to 2515 euros maintains buy rating
13:25 25.10.2024
ubs raises hermes price target to 2515 euros maintaining buy rating
12:35 25.10.2024
UBS raises Hermès price target to 2515 euros maintains buy rating
12:35 25.10.2024
ubs maintains neutral rating for kering with target price of 227 euros
14:32 24.10.2024
UBS maintains neutral rating for Kering amid challenging sales figures
14:32 24.10.2024
ubs maintains buy rating for hermes with target price of 2390 euros
14:31 24.10.2024
UBS maintains buy rating for Hermès with target price of 2390 euros
14:31 24.10.2024
ubs upgrades hermes to buy with target price of 2390 euros
14:31 24.10.2024
ubs maintains neutral rating for kering with target price of 227 euros
14:30 24.10.2024
UBS lowers LVMH price target amid weaker luxury goods demand
14:20 16.10.2024
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