| Estimated real time
15:53:48 27/06/2024 | It varies. 5j. | Varia. Jan 1 | ||
| 142 | -0,07 % | +1,90 % | +22,94 % | |
UBS reaffirms its ‘buy’ recommendation on Richemont with a price target reduced from 164 to 160 Swiss francs, a new target which contains 13% potential growth for the title of the Swiss luxury group.
‘The change in business model has led to outperformance since the start of the year with further upside potential,’ judges the broker, who expects resilient performance from jewelry houses in the first quarter.
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| RICHEMONT: UBS reduces its price target | 12:04 | CF |
| RICHEMONT: UBS optimistic about the file | 08:52 | ZD |
| RICHEMONT: Barclays persists with its purchase | 26/06 | ZD |
| RICHEMONT: Oddo BHF revises its forecasts with China | 26/06 | CF |
| RICHEMONT: RBC maintains its neutral opinion | 26/06 | ZD |
| Zurich Stock Exchange: good atmosphere in the wake of the technological rebound | 26/06 | AW |
| Chase away lust, it comes galloping back | 26/06 | |
| Analyst opinions of the day: Airbus, Arkema, LVMH, Kering, Pernod Ricard, Société Générale, Bouygues… | 26/06 | |
| LVMH CEO takes personal stake in Richemont | 26/06 | MT |
| RICHEMONT: JP Morgan still positive | 25/06 | ZD |
| Zurich Stock Exchange: in the red following a good progression | 25/06 | AW |
| Market update – Europe closes down a session marked by wait-and-see | 25/06 | RE |
| Richemont: Bernard Arnault takes a stake (Bloomberg) | 25/06 | TO THE |
| LVMH Chairman Arnault owns a stake in luxury rival Richemont, according to Bloomberg | 25/06 | RE |
| Bernard Arnault, CEO of LVMH, took a stake in Richemont | 25/06 | DJ |
| Stocks on the move: The LVMH / Richemont duo, Airbus and others | 25/06 |  |
| Watches and Wonders: the foundation includes Chanel, Hermès and LVMH | 25/06 | AW |
| Bernard Arnault (LVMH) would like Richemont so much that he would be in the capital | 25/06 | |
| Zurich Stock Exchange: good performance for the first session of the week | 24/06 | AW |
| RICHEMONT: Goldman Sachs optimistic about the issue | 24/06 | ZD |
| The Eurozone wants to avoid its Liz Truss moment | 24/06 | |
| ANALYST OPINION OF THE DAY: Kering, Engie, Orange, Forvia, Valeo, Soitec, GTT, Richemont… | 24/06 | |
| LVMH : Contraction de multiple | 22/06 | |
| Zurich Stock Exchange: Indices end in green after SNB cut | 20/06 | AW |
| RICHEMONT: Bernstein still positive | 20/06 | ZD |
Duration Auto. 2 months 3 months 6 months 9 months 1 an 2 ans 5 ans 10 ans Max.
Period Jour Week
More graphics
Compagnie Financière Richemont SA is among the world’s leading manufacturers of luxury products. Turnover by product family is broken down as follows: – jewelry items (57.8%): Cartier brands (world number 1 in jewelry), Van Cleef & Arpels and Giampiero Bodino; – luxury watches (17.8%): brands Piaget, A. Lange & Söhne, Jaeger-LeCoultre, Vacheron Constantin, Officine Panerai, IWC Schaffhausen, Baume & Mercier and Roger Dubuis; – other (24.4%): notably pens, leather goods and clothing under the Montblanc, Chloé, Old England, Purdey and Alfred Dunhill brands. Turnover by activity is broken down between retail distribution (57.6%), wholesale distribution (23.7%) and online distribution (18.7%). The geographical distribution of turnover is as follows: Switzerland (2.4%), United Kingdom (5.3%), Europe (15.6%), China (28.9%), Japan (6.3%), Asia (11.9%), United States (19.9%), Americas (2.3%), Middle East and Africa (7.4%).
More information about the company
Purchase
Average recommendation
ACCUMULATE
Last Closing Course
148,3
EUR
Average course objective
160,9
EUR
Gap / Average Objective
+8,46 %
Consensus
| Varia. Jan 1 | Capi. | |
|---|---|---|
| +22,76 % | 93,52 Md | |
| -8,04 % | 35,83 Md | |
| +13,80 % | 12,36 Md | |
| -26,68 % | 11,13 Md | |
| -13,04 % | 3,38 Md | |
| -0,71 % | 2,27 Md | |
| -10,94 % | 2,02 Md | |
| -12,83 % | 1,39 Md | |
| -34,21 % | 1,07 Md | |
| +59,86 % | 1,04 Md |
Jewelry
