Morgan Stanley (NYSE:MS) analysts upgraded the stock rating of luxury goods company Compagnie Financiere Richemont SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY) from Equalweight to Overweight, simultaneously ...
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates. Richemont, whose brands include ...
The revised price target of CHF193 implies a price-to-earnings ratio of approximately 25 times the calendar year 2026 estimates. Citi's commentary highlights Richemont (SIX:CFR)'s fundamental ...
LONDON — Mytheresa has named Burkhart Grund, chief financial officer of Richemont, a member of the supervisory board, subject ...
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
Richemont's surprise 10 percent uptick in third-quarter revenue sent a jolt of energy — and hope — through the markets, but analysts remain divided as to whether the luxury giant's success ...
ZURICH, Jan 16 (Reuters) - Richemont (CFR.S), opens new tab, the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, with end-of-year ...
Richemont of Cartier and Van Cleef & Arpels fame just delivered spectacular third quarter results, ending December 31 with its luxury jewelry brand revenues up 14%. By contrast, Signet Jewelers ...
Richemont's Q3 results exceeded expectations with €6.15 billion in sales, driven by strong performance in the Jewellery Maisons division, aligned with our investment thesis. Despite a decline in ...
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
Richemont, owner of Cartier, reported a 10% year-on-year increase in Q3 sales, significantly surpassing expectations. This growth suggests a potential recovery in the luxury sector, despite ...
Investing.com -- Morgan Stanley (NYSE:MS) has upgraded Richemont SA (SIX:CFR) stock to Overweight and raised its price target to CHF 200 from CHF 148. With Richemont 's stock up 27% year-to-date ...
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