We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Compagnie Financiere Richemont (PK) | USOTC:CFRUY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.26 | -1.68% | 15.19 | 15.10 | 15.20 | 15.25 | 15.04 | 15.25 | 1,729,222 | 22:00:01 |
From Jan 2022 to Jan 2025
Richemont's consensus-beating first-quarter sales are testament to the strength of luxury demand in the wake of the pandemic, Bernstein analysts say in a note. The Swiss luxury-goods group posted quarterly sales of EUR5.26 billion, above FactSet-compiled consensus expectations and despite a major drag from Covid-19 restrictions in China, Bernstein notes. The strong results follow similarly good prints from Swiss watchmaker Swatch and Italian luxury cashmere specialist Brunello Cucinelli, the brokerage says. The "YOLO effect" out of the pandemic is affecting all nationalities and has yet to normalize, Bernstein suggests, keeping an outperform rating and a CHF135 target on Richemont stock. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
July 15, 2022 02:47 ET (06:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Compagnie Financiere Ric... (PK) Chart |
1 Month Compagnie Financiere Ric... (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
