Citi analyst Thomas Chauvet maintained a Buy rating on Compagnie Financiere Richemont SA today and set a price target of CHF180.00. The company’s shares closed last Friday at CHF155.60.
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According to TipRanks, Chauvet is a 4-star analyst with an average return of 9.2% and a 56.60% success rate. Chauvet covers the Consumer Cyclical sector, focusing on stocks such as Moncler S.p.A., Salvatore Ferragamo S.p.A., and Prada SpA.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Compagnie Financiere Richemont SA with a CHF165.29 average price target, which is a 6.23% upside from current levels. In a report released on September 29, UBS also maintained a Buy rating on the stock with a CHF176.00 price target.
CFR market cap is currently CHF91.08B and has a P/E ratio of 34.86.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is neutral on the stock.