According to Zacks, “Compagnie Financière Richemont SA, with its subsidiaries designs, develops, manufactures and sells luxury goods in Europe, Asia-Pacific, Americas and Japan. Richemont operates in five key areas: jewellery, watches, writing instruments, leather and accessories, and clothing. The Group’s luxury interests encompass several of the most prestigious names in the luxury industry including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, Panerai and Montblanc. Compagnie Financière Richemont SA is headquartered in Geneva, Switzerland. “
A number of other equities research analysts have also recently weighed in on CFRUY. UBS Group reaffirmed a “neutral” rating on shares of COMPAGNIE FINAN/ADR in a research note on Tuesday, May 19th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of COMPAGNIE FINAN/ADR in a research note on Tuesday, July 21st. Credit Suisse Group reaffirmed an “underperform” rating on shares of COMPAGNIE FINAN/ADR in a research note on Tuesday, June 30th. Goldman Sachs Group upgraded COMPAGNIE FINAN/ADR from a “neutral” rating to a “buy” rating in a report on Friday, June 26th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of COMPAGNIE FINAN/ADR in a report on Thursday, July 2nd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. COMPAGNIE FINAN/ADR currently has a consensus rating of “Hold” and an average price target of $6.25.
COMPAGNIE FINAN/ADR Company Profile
Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Asia Pacific, the Americas, the Middle East, and Africa. It operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. The company designs, manufactures, and distributes jewelry products; and precision timepieces, watches, writing instruments, and accessories, as well as clothing and leather goods.
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