Berenberg Bank analyst maintained a Hold rating on Compagnie Financiere Richemont yesterday and set a price target of $18.70. The company’s shares closed yesterday at $19.78.
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Currently, the analyst consensus on Compagnie Financiere Richemont is a Hold with an average price target of $18.70.
Based on Compagnie Financiere Richemont’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $11.32 billion and a net profit of $2.29 billion. In comparison, last year the company earned a revenue of $10.41 billion and had a net profit of $854.05 million