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Compagnie Financière Richemont (OTCMKTS:CFRUY) was upgraded by Zacks Investment Research from a “maintain” ranking to a “purchase” ranking in a analysis report issued to purchasers and buyers on Monday, Zacks.com experiences. The agency presently has a $17.00 value goal on the inventory. Zacks Investment Research‘s value goal would point out a possible upside of 13.11% from the corporate’s earlier shut.
Based on Zacks, “Compagnie Financière Richemont SA, with its subsidiaries designs, develops, manufactures and sells luxurious items in Europe, Asia-Pacific, Americas and Japan. Richemont operates in 5 key areas: jewelry, watches, writing devices, leather-based and equipment, and clothes. The Group’s luxurious pursuits embody a number of of essentially the most prestigious names within the luxurious trade together with 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 different analysts additionally just lately weighed in on CFRUY. Barclays assumed protection on shares of Compagnie Financière Richemont in a report on Tuesday, September twenty first. They issued an “obese” ranking for the corporate. Morgan Stanley reiterated an “obese” ranking on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Credit score Suisse Group reiterated a “impartial” ranking on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Deutsche Financial institution Aktiengesellschaft reiterated a “purchase” ranking on shares of Compagnie Financière Richemont in a report on Monday, November fifteenth. Lastly, Oddo Bhf upgraded shares of Compagnie Financière Richemont from an “underperform” ranking to a “impartial” ranking in a analysis notice on Friday, September twenty fourth. Three funding analysts have rated the inventory with a maintain ranking and twelve have given a purchase ranking to the corporate’s inventory. Based on MarketBeat.com, the inventory presently has a consensus ranking of “Purchase” and a consensus value goal of $17.00.
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Shares of OTCMKTS CFRUY traded up $0.08 throughout noon buying and selling on Monday, reaching $15.03. 145,124 shares of the inventory had been exchanged, in comparison with its common quantity of 288,101. The corporate has a 50 day easy transferring common of $14.28 and a 200 day easy transferring common of $12.59. Compagnie Financière Richemont has a twelve month low of $8.88 and a twelve month excessive of $15.67.
Compagnie Financière Richemont Firm Profile
Compagnie Financière Richemont SA engages within the design, manufacture, and distribution of luxurious items. It operates by the next segments: Jewelry Maisons, Specialist Watchmakers, On-line Distributors, and Different. The Jewelry Maisons section produces jewelry merchandise which embrace Cartier and Van Cleef & Arpels.
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This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to [email protected]
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