COMPAGNIE FINAN/ADR (OTCMKTS:CFRUY) Lifted to “Buy” at Goldman Sachs Group
Goldman Sachs Group upgraded shares of COMPAGNIE FINAN/ADR (OTCMKTS:CFRUY) from a neutral rating to a buy rating in a report issued on Friday morning, The Fly reports.
Other equities analysts have also recently issued research reports about the company. HSBC restated a hold rating on shares of COMPAGNIE FINAN/ADR in a report on Thursday, May 7th. Morgan Stanley restated an equal weight rating on shares of COMPAGNIE FINAN/ADR in a report on Monday, May 18th. UBS Group restated a neutral rating on shares of COMPAGNIE FINAN/ADR in a report on Tuesday, May 19th. Deutsche Bank restated a hold rating on shares of COMPAGNIE FINAN/ADR in a report on Tuesday, June 23rd. Finally, AlphaValue cut COMPAGNIE FINAN/ADR to a buy rating in a report on Wednesday, May 6th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $6.25.
CFRUY opened at $6.29 on Friday. The company has a market capitalization of $65.67 billion, a price-to-earnings ratio of 34.94 and a beta of 0.92. The business’s 50-day moving average price is $5.99 and its two-hundred day moving average price is $6.54. COMPAGNIE FINAN/ADR has a 1 year low of $4.76 and a 1 year high of $8.77.
Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Asia Pacific, the Americas, the Middle East, and Africa. It operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. The company designs, manufactures, and distributes jewelry products; and precision timepieces, watches, writing instruments, and accessories, as well as clothing and leather goods.
Receive News & Ratings for COMPAGNIE FINAN/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COMPAGNIE FINAN/ADR and related companies with MarketBeat.com's FREE daily email newsletter.