In a report released today, Chiara Battistini from J.P. Morgan maintained a Buy rating on Compagnie Financiere Richemont SA, with a price target of CHF170.00. The company’s shares closed yesterday at CHF160.20.
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According to TipRanks, Battistini is a 4-star analyst with an average return of 12.3% and a 65.88% success rate. Battistini covers the Consumer Cyclical sector, focusing on stocks such as Hermes International, PUMA SE NPV, and LVMH Moet Hennessy Louis Vuitton.
In addition to J.P. Morgan, Compagnie Financiere Richemont SA also received a Buy from Citi’s Thomas Chauvet in a report issued on October 6. However, yesterday, Deutsche Bank maintained a Hold rating on Compagnie Financiere Richemont SA (Six Swiss: CFR).
CFR market cap is currently CHF93.57B and has a P/E ratio of 35.81.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is neutral on the stock.
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