Price targets

Analyst ratings

9 analysts rated this company in the past 90 days. The average target price is €176.29, this is a change of +2.0% compared to the current price.

• September 29, 2025

  UBS raises target for Richemont to CHF 176 - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Richemont from CHF 169 to CHF 176 and maintained its "Buy" rating. According to her commentary released on Monday, Zuzanna Pusz sees the European luxury goods industry at a turning point. She believes the third quarter was likely better than expected overall. The focus is now shifting to the final quarter and the period thereafter./tih/ag

  Publication of the original study: September 29, 2025 / 02:01 / GMT

  First distribution of the original study: September 29, 2025 / 02:01 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 29, 2025

  Barclays lowers target for Richemont to 161 francs - 'Overweight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Richemont from CHF 164 to CHF 161 and maintained its rating at "Overweight." Analyst Carole Madjo expects solid sales growth in her outlook for the luxury group's quarterly report released on Monday. However, margins are likely to have suffered due to external factors.

  Publication of the original study: September 29, 2025 / 1:13 a.m. / GMT

  First distribution of the original study: September 29, 2025 / 5:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 18, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

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  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Richemont's "Overweight" rating with a price target of CHF 175. Swiss watch exports were weak in August, wrote Chiara Battistini in a study released Friday. All markets and price ranges contributed to this./gl/stw

  Publication of the original study: September 18, 2025 / 7:42 a.m. / BST

  First distribution of the original study: September 18, 2025 / 7:42 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 10, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. In an industry study released Thursday, Luca Solca examined the spending behavior of Chinese consumers and the key drivers of luxury consumption. Recent Chinese consumption trends appear promising, especially in the high-end segment, he wrote. However, it is still too early to speak of a turnaround. Against this backdrop, he favors the high-quality "laggards" of the recent luxury goods rally./edh/jha/

  Publication of the original study: September 10, 2025 / 11:33 a.m. / UTC

  First distribution of the original study: September 11, 2025 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 9, 2025

  RBC maintains Richemont at 'Sector Perform' - target 145 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 145. The luxury sector is showing signs of improved sales growth in the third quarter based on lower comparable figures, wrote analyst Piral Dadhania in an industry report released Wednesday. While this is already reflected in the share prices, he is not convinced that this is a new trend. The comparable figures for the fourth quarter are more challenging. He himself expects a slight slowdown again./tih/mis

  Publication of the original study: September 9, 2025 / 5:49 PM / EDT

  First distribution of the original study: September 10, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 3, 2025

  RBC maintains Richemont at 'Sector Perform' - target 145 francs

  NEW YORK (dpa-AFX Analyst) - Following its annual investor conference on luxury goods companies and retailers in Asia, Canadian bank RBC maintained Richemont's "Sector Perform" rating with a price target of CHF 145. In his industry review published Thursday, Piral Dadhania drew negative conclusions for watch manufacturer Swatch from the discussions there, as the mid-price segment continues to be under pressure. He remains neutral on Richemont due to the strong jewelry business and the price stability of high-end watches. In the sporting goods sector, Adidas is maintaining its momentum in the running and lifestyle segments, while Nike is expected to have cleared its inventory levels by the end of the year.

  Publication of the original study: September 3, 2025 / 5:46 PM / EDT. First distribution of the original study: September 4, 2025 / 12:45 AM / EDT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 27, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Richemont at "outperform" with a price target of CHF 190. Luca Solca conducted a more in-depth study on the valuations of stocks in the luxury goods sector in a study published Thursday. Given the lackluster growth of the past two years, the sector valuations currently appear appropriate. However, if growth improves as expected in 2026, new valuation leeway will arise./tih/gl

  Publication of the original study: August 27, 2025 / 7:40 p.m. / UTC. First distribution of the original study: August 28, 2025 / 5:15 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 21, 2025

  RBC maintains Richemont at 'Sector Perform' - target 145 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 145. In a study published Thursday by Luca Solca, Nikolaos Lafioniatis evaluated current export data for Swiss watches. In July, exports were influenced by US tariff policy, as there was panic buying in anticipation of the tariffs later introduced, he wrote. The stocks most dependent on this business are Watches of Switzerland and Swatch, while the influence on Richemont and LVMH is less pronounced./tih/edh

  Publication of the original study: August 21, 2025 / 2:34 a.m. / EDT

  First distribution of the original study: August 21, 2025 / 2:34 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 21, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. Luca Solca drew his conclusions from current Swiss watch export data in an industry study released Thursday. Benefiting from exports to the US brought forward due to tariffs, watch exports rose by 6.9 percent in July. The trend in other regions was mixed. He expects the August figures to fluctuate again due to the US tariffs./tih/edh

  Publication of the original study: August 21, 2025 / 7:47 a.m. / UTC

  First distribution of the original study: August 21, 2025 / 7:47 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 10, 2025

  RBC maintains Richemont at 'Sector Perform' - target 145 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 145. Piral Dadhania wrote in an industry report released Monday that he revised his estimates following the half-year reporting season. The developments regarding US import tariffs are now also reflected in his assumptions for the luxury goods and fashion group. The expert lowered its earnings estimates for Richemont for 2026 to 2028./bek/mis

  Publication of the original study: August 10, 2025 / 5:46 PM / EDT

  First distribution of the original study: August 11, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 7, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. In an industry study released Friday, Luca Solca examined the impact of the 39 percent US special tariffs on imports from Switzerland, specifically watch imports. The last-minute deal hoped for by many has not materialized. Industry data suggests that Swiss watch manufacturers generate about a fifth of their revenue from the US. He expects another round of price increases. Deliveries have also been brought forward, providing the industry with a buffer of about six months. Swatch is particularly badly affected./tih/nas

  Publication of the original study: August 7, 2025 / 3:22 PM / UTC

  First distribution of the original study: August 8, 2025 / 5:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 20, 2025

  RBC lowers target for Richemont to CHF 145 - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Richemont from 165 to 145 Swiss francs following sales figures for the first fiscal quarter, but maintained its rating at "Sector Perform." The jewelry and watch group performed solidly, wrote Piral Dadhania in its review published on Monday. The Swiss company continued to benefit from strong trends in the jewelry sector, particularly in its core brands Cartier and Van Cleef. However, profitability is likely to come under considerable pressure due to recent movements in the foreign exchange market and the gold price./rob/ag

  Publication of the original study: July 20, 2025 / 7:12 p.m. / EDT. First distribution of the original study: July 21, 2025 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  UBS maintains Richemont 'Buy' - target CHF 172

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "buy" rating on Richemont following its first-quarter sales figures, with a price target of CHF 172. The jewelry and watch manufacturer significantly exceeded expectations, particularly in its most profitable division, Jewelry Maisons, Zuzanna Pusz wrote on Thursday. However, due to negative exchange rate effects, it considers rising consensus estimates unlikely./rob/ck/ag

  Publication of the original study: July 16, 2025 / 6:07 a.m. / GMT

  First distribution of the original study: July 16, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  Berenberg lowers target for Richemont to CHF 150 - 'Hold'

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has lowered its price target for Richemont from 160 to 150 francs, but maintained its "Hold" rating. Exchange rate headwinds are weighing on earnings estimates, Nick Anderson wrote on Wednesday in his review of the luxury group's latest sales figures./rob/ag/ck

  Publication of the original study: July 16, 2025 / 7:14 p.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  JPMorgan lowers Richemont target to CHF 175 - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Richemont from 178 to 175 Swiss francs, but maintained its "overweight" rating. Analyst Chiara Battistini adjusted her model for the luxury group on Wednesday to reflect the latest interim report as well as current currency and commodity trends. Overall, however, it confirms that the Swiss continue to deliver even in an increasingly difficult environment./rob/ag/zb

  Publication of the original study: July 16, 2025 / 7:59 p.m. / BST

  First distribution of the original study: July 17, 2025 / 12:15 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  RBC maintains Richemont at 'Sector Perform' - target 165 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" following its first-quarter revenue figures, with a price target of CHF 165. Overall, revenues were slightly above the consensus estimate, Piral Dadhania wrote on Wednesday. The main reason for this was the strong momentum in the jewelry sector./rob/ck/ag

  Publication of the original study: July 16, 2025 / 2:08 a.m. / EDT

  First distribution of the original study: July 16, 2025 / 2:08 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 16, 2025

  Jefferies maintains Richemont at 'Buy' - target 165 francs

  NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its rating for Richemont at "Buy" following first-quarter sales figures, with a price target of CHF 165. Analyst James Grzinic cited strong figures from the jewelry and watch manufacturer on Wednesday. The jewelry division continues to lead, offsetting declines in the Specialist Watchmakers (SWM) segment./rob/ag

  Publication of the original study: July 16, 2025 / 2:43 a.m.

  First distribution of the original study: July 16, 2025 / 2:43 a.m.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 14, 2025

  Jefferies raises target for Richemont to CHF 165 - 'Buy'

  NEW YORK (dpa-AFX Analyst) - Research firm Jefferies raised its price target for Richemont from CHF 140 to CHF 165 ahead of the first-quarter results expected on July 16, and maintained its "Buy" rating. James Grzinic wrote in his outlook released Tuesday that he expects the luxury goods manufacturer's results to enable further above-average share price performance compared to the industry. Richemont is likely to demonstrate its pricing power once again./rob/ck/ag

  Publication of the original study: July 14, 2025 / 1:36 p.m. / Time zone not specified in the study

  First distribution of the original study: July 14, 2025 / 7:00 p.m. / Time zone not specified in the study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 8, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. In his industry commentary published on Wednesday, Luca Solca confirmed his assessment that luxury goods companies felt the full brunt of geopolitical and trade policy volatility and uncertainty in the second quarter. He is somewhat more optimistic about the second half of the year./edh/ag

  Publication of the original study: July 8, 2025 / 1:58 a.m. / UTC

  First distribution of the original study: July 9, 2025 / 4:01 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 7, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. In an industry assessment released Tuesday, analyst Luca Solca examined employee productivity and its impact on the return on capital of luxury goods companies. He noted "strong correlations" with developments in the retail sector. Staff productivity also opens up interesting perspectives with regard to fair wages./tih/ag

  Publication of the original study: July 7, 2025 / 3:07 PM / UTC

  First distribution of the original study: July 7, 2025 / 9:00 PM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 30, 2025

  RBC lowers target for Richemont to 165 francs - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Richemont from 170 to 165 Swiss francs ahead of second-quarter results and maintained its rating at "Sector Perform." Overall, momentum in the luxury sector remains subdued, Piral Dadhania wrote in an industry outlook published Tuesday. Trends are stable in North America and the Asia-Pacific region, while they are somewhat weaker in Europe and Japan. Richemont is one of the companies with above-average performance./bek/gl

  Publication of the original study: June 30, 2025 / 6:30 p.m. / EDT First distribution of the original study: July 1, 2025 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 26, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained Richemont's "Outperform" rating with a price target of 190 Swiss francs. Typical luxury goods manufacturers such as LVMH generate two-thirds of their sales in US dollars and currencies linked to them, which is why the recent dollar weakness is creating headwinds, wrote Luca Solca in an industry assessment published Friday. In contrast, Swatch Group and Richemont benefited from the strong Swiss franc. Overall, the expert sees positive industry prospects due to a recovery in the second half of the year. For Burberry and LVMH, he sees potential for a turnaround and self-help measures./gl/nas

  Publication of the original study: June 26, 2025 / 9:50 p.m. / UTC. First distribution of the original study: June 27, 2025 / 5:30 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 24, 2025

  JPMorgan lowers Richemont target to CHF 178 - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Richemont from 180 to 178 Swiss francs, but maintained its rating at "Overweight." Ahead of the luxury goods group's quarterly results on July 16, it lowered its estimates for sales and, somewhat more significantly, for earnings, wrote Chiara Battistini in an outlook released Wednesday. She primarily pointed to external headwinds from exchange rates and precious metal prices, but sees the Swiss company on the way back to becoming a high-quality company./rob/gl/ag

  Publication of the original study: June 24, 2025 / 6:28 p.m. / BST First distribution of the original study: June 25, 2025 / 12:15 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 18, 2025

  Berenberg maintains Richemont on 'Hold' - target 160 francs

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its rating for Richemont at "Hold" with a price target of CHF 160. Chinese spending on luxury goods remains under pressure, wrote Nick Anderson in his industry commentary published Thursday. He sees it stagnating overall in the coming years./ag/jha/

  Publication of the original study: June 18, 2025 / 9:47 a.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 17, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained Richemont's "Outperform" rating with a price target of CHF 190. Spending growth for high-end luxury goods has remained robust despite weakening demand in the broader sector, but is beginning to show signs of slowing due to macroeconomic uncertainties, wrote Luca Solca. In his industry assessment, published Wednesday, he referred to data collected by cooperation partner Agility Research & Strategy for the period from March 17 to April 25 – i.e., before and after the market shock caused by the introduction of new US tariffs in early April, which were later partially suspended. Solca now no longer expects an organic sales decline for 2025, but rather stagnation of revenues at the previous year's level. He is cautiously optimistic for the second half of the year and sees Burberry and LVMH as beneficiaries of a potential recovery as well as self-help measures. Solca also favors stocks with company-specific tailwinds, such as Hermes and Richemont./gl/ag

  Publication of the original study: June 17, 2025 / 9:36 p.m. / UTC. First distribution of the original study: June 18, 2025 / 5:06 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 2, 2025

  RBC maintains Richemont at 'Sector Perform' - target 170 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 170. In his industry commentary released Tuesday, analyst Piral Dadhania expects earnings expectations in the luxury goods sector to continue to decline. He believes there are no signs of any real improvement in the second quarter, but rather a further slowdown. Under these circumstances, he continues to prefer a more defensive investment strategy with stocks such as Hermes or Ferrari./tih/ag

  Publication of the original study: June 2, 2025 / 5:13 PM / EDT

  First distribution of the original study: June 3, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 28, 2025

  UBS maintains Richemont at 'Buy' - target 181 francs

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating on Richemont with a price target of CHF 181. A visit to the important jewelry manufacturing site in Valenza, Italy, has strengthened its positive view of this jewelry sector, Zuzanna Pusz wrote in a commentary published Wednesday. Shares of the watch and jewelry group Richemont remain their preferred bet./gl/edh

  Publication of the original study: May 28, 2025 / 1:10 a.m. / GMT First distribution of the original study: May 28, 2025 / 1:10 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 27, 2025

  Jefferies maintains Richemont at 'Buy' - target 140 francs

  NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained a "Buy" rating on Richemont with a price target of CHF 140. Swiss watch exports in April confirm a sharp increase in shipments to the US ahead of the tariffs, wrote James Grzinic in an industry review released Tuesday. Adjusted for this, global demand appears weak, particularly in China. The weakness in the mid-price categories is bad news for Swatch. Meanwhile, Richemont's two largest jewelry brands continue to be very popular with Western consumers./gl/edh

  Publication of the original study: May 27, 2025 / 2:47 a.m. / ET First distribution of the original study: May 27, 2025 / 2:47 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 27, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. Export growth for Swiss watches is clearly dominated by the US, Luca Solca wrote on Tuesday. Without this market, exports would have declined in April. Overall, the data is characterized by high uncertainty due to the US tariff reversals. Solca recently revised its negative organic growth forecast for the luxury goods sector and has since then only anticipated stagnation./ag/gl

  Publication of the original study: May 27, 2025 / 8:36 a.m. / UTC First distribution of the original study: May 27, 2025 / 8:36 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 23, 2025

  Deutsche Bank maintains Richemont on 'Hold' - target 150 francs

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Hold" rating for Richemont with a price target of CHF 150. The watch and jewelry group is posting the best currency-adjusted sales growth in the luxury goods sector and is viewed by investors as the only "quality stock" in this segment, wrote Adam Cochrane in a study released Friday. However, Richemont is not immune to margin pressure in the industry./edh/ajx

  Publication of the original study: May 23, 2025 / Time not specified in the study / CET

  First distribution of the original study: May 23, 2025 / 8:23 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 20, 2025

  RBC maintains Richemont at 'Sector Perform' - target 170 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 170 following the release of its annual results. The company has confirmed its position as one of the strongest sales growth companies in the luxury sector, Piral Dadhania wrote in a follow-up report released Wednesday. The outlook for the jewelry sector continues to be supported by delayed price increases and likely continued positive volume growth, representing a robust starting point compared to a largely weak luxury sector./rob/la/ajx

  Publication of the original study: May 20, 2025 / 5:37 PM / EDT. First distribution of the original study: May 21, 2025 / 12:45 AM / EDT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 19, 2025

  Goldman raises target for Richemont to 170 francs - 'Neutral'

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Richemont from 158 to 170 francs, but maintained its rating at "Neutral." In her commentary published on Monday, Louise Singlehurst raised her estimates following stronger-than-expected performance in 2025./ag/ajx

  Publication of the original study: May 19, 2025 / 4:12 a.m. / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 19, 2025

  UBS raises target for Richemont to CHF 181 - 'Buy'

  ZURICH (dpa-AFX Analyst) - The Swiss major bank UBS has raised its price target for Richemont from 171 to 181 francs and left the rating at "Buy". The solid financial results for the fiscal year confirm the luxury manufacturer's leading role in the attractive jewelry segment, wrote Zuzanna Pusz in her commentary published on Monday./rob/ajx/ag

  Publication of the original study: May 19, 2025 / 00:41 / GMT

  First distribution of the original study: May 19, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  JPMorgan raises target for Richemont to 180 francs - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has raised its price target for Richemont from 175 to 180 Swiss francs and maintained its rating at "Overweight." The new price target reflects the higher growth in the coming years, Chiara Battistini wrote on Friday following the Swiss luxury goods manufacturer's financial results. Richemont reported robust figures in a challenging market environment, thanks in particular to a strong jewelry business. The group is financially very healthy and is committed to the dynamic development of its brands./rob/ajx/he

  Publication of the original study: May 16, 2025 / 7:20 p.m. / BST First distribution of the original study: May 16, 2025 / 7:20 p.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  Deutsche Bank Research maintains Richemont's 'Hold' rating

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Richemont at "Hold" with a price target of CHF 150. The luxury group met expectations, taking into account the special effects, Adam Cochrane wrote Friday after the company's financial results. In the jewelry sector, the company was able to compete with its best competitors in the fourth quarter and has not weakened like others since then. However, the stock is already well represented in portfolios./ag/edh

  Publication of the original study: May 16, 2025 / Time not specified in the study / GMT

  First distribution of the original study: May 16, 2025 / 7:03 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

  NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has maintained its rating for Richemont at "Overweight" with a price target of 175 francs following quarterly figures. The watch and jewelry group reported very robust key figures, although they were slightly worse than she expected, wrote Chiara Battistini in an initial response released on Friday./rob/edh/niw

  Publication of the original study: May 16, 2025 / 7:22 a.m. / BST

  First distribution of the original study: May 16, 2025 / 7:27 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  Jefferies maintains Richemont at 'Buy' - target 140 francs

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Buy" rating on Richemont after the company's earnings release, with a price target of CHF 140. The jewelry and watch group confirmed its strong sales momentum with its business performance from January to March, wrote James Grzinic in a response released Friday. However, he considers the consensus estimate for operating earnings growth (EBIT) in 2025/26 to be optimistic.

  Publication of the original study: May 16, 2025 / 2:19 a.m. / ET. First distribution of the original study: May 16, 2025 / 2:19 a.m. / ET.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  UBS maintains Richemont at 'Buy' - target 171 francs

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Richemont following its quarterly results, with a price target of CHF 171. Sales largely met its expectations and the consensus estimate, wrote Zuzanna Pusz in an initial reaction released Friday. However, the watch and jewelry group's margin development was somewhat weaker./rob/edh/niw

  Publication of the original study: May 16, 2025 / 6:02 a.m. / GMT

  First distribution of the original study: May 16, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 16, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 155 francs

  NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained Richemont's "Outperform" rating with a price target of CHF 155 following the company's earnings release. The jewelry and watch group performed solidly in the final quarter and the past fiscal year, but overall profitability narrowly missed expectations, Luca Solca wrote in a response released Friday. The important jewelry division grew stronger than expected. In contrast, the watch business saw a surprisingly significant decline./rob/gl/edh

  Publication of the original study: May 16, 2025 / 6:18 a.m. / UTC First distribution of the original study: May 16, 2025 / 6:18 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 9, 2025

  UBS lowers target for Richemont to 171 francs - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Richemont from 184 to 171 francs, but left its rating at "Buy." The gold price and the strength of the euro are curbing the Swiss company's gains, wrote Zuzanna Pusz in the commentary published Friday./rob/ag/nas

  Publication of the original study: May 9, 2025 / 1:10 a.m. / GMT

  First distribution of the original study: May 9, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 5, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "Overweight" with a price target of CHF 175. The luxury goods and watch manufacturer is among the companies on a watch list regarding the important topic of leadership succession, according to a strategic study released Tuesday by the US investment bank. The market expects the change at the top of the group to have a positive impact on the share price. At Richemont, this is the new CEO, Nicolas Bos. However, certain uncertainties remain.

  Publication of the original study: May 5, 2025 / 5:45 a.m. / BST First distribution of the original study: May 6, 2025 / 1:00 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 1, 2025

  Goldman lowers Richemont target to CHF 158 - 'Neutral'

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Richemont from 165 to 158 Swiss francs, but maintained its rating at "Neutral." The focus is on the US business and the pricing environment amid general concerns about a downturn in luxury consumption, analyst Louise Singlehurst wrote on Thursday in her outlook for the company's fiscal year results in mid-May. /ag/gl

  Publication of the original study: May 1, 2025 / 5:36 PM / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 23, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 155 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 155. Chinese customers are becoming increasingly demanding and are focusing on luxury brands that are either investment-grade or particularly hot and innovative, analyst Luca Solca wrote on Wednesday in his commentary on a visit to China. Miu Miu and Ralph Lauren remain particularly popular. Louis Vuitton and Dior performed steadily, while Cartier weakened./ag/tav

  Publication of the original study: April 23, 2025 / 1:22 PM / UTC

  First distribution of the original study: April 24, 2025 / 5:30 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 17, 2025

  Jefferies maintains Richemont at 'Buy' - target 140 francs

  NEW YORK (dpa-AFX Analyser) - The analysis house Jefferies has maintained its rating for Richemont at "Buy" with a price target of 140 francs following current data on Swiss watch exports. Stronger exports to the US boosted global export growth of 1.3 percent in March, analyst James Grzinic wrote in an initial response released Thursday./edh/zb

  Publication of the original study: April 17, 2025 / 2:30 a.m. / ET

  First distribution of the original study: April 17, 2025 / 2:30 a.m. / ET

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 14, 2025

  UBS maintains Richemont at 'Buy' - target CHF 184

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "Buy" rating on Richemont with a price target of CHF 184. While market concerns were manageable before the final regulatory clarification of Mytheresa's takeover of Ynap, the news is positive for the luxury goods group, wrote analyst Zuzanna Pusz in a review of Friday's decision published Monday. This means that Richemont has finally completed its divestment from this margin-sapping business./gl/bek

  Publication of the original study: April 14, 2025 / 1:42 AM / GMT

  First distribution of the original study: April 14, 2025 / 1:42 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 7, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "Overweight" with a price target of CHF 175. The luxury sector is entering a phase of heightened uncertainty and is not in particularly good shape, wrote analyst Chiara Battistini in an industry report released Tuesday. A concrete assessment is difficult due to the many imponderables. Richemont's strong market position should help it better manage this difficult period./mf/bek

  Publication of the original study: April 7, 2025 / 7:22 a.m. / GMT

  First distribution of the original study: April 8, 2025 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 7, 2025

  Jefferies maintains Richemont at 'Buy' - target 140 francs

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Richemont at "Buy" with a price target of CHF 140. In the luxury sector, Richemont shares are his favorite in a very difficult environment, wrote analyst James Grzinic in a report published Tuesday. The company is likely to gain market share./bek/mis

  Publication of the original report: April 7, 2025 / 8:19 a.m. / ET

  First distribution of the original report: April 7, 2025 / 7:00 p.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 31, 2025

  RBC maintains Richemont at 'Sector Perform' - target 170 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 170. Analyst Piral Dadhania delved deeply into the tariff issue in his commentary on the luxury and sporting goods sector published Tuesday. He outlined a possible scenario for US demands on imports starting April 2. The tariffs would have both a direct impact on costs and an indirect impact on consumer sentiment. He sees the comparatively highest risks in Puma, Nike, and Dockers. Moncler, LVMH, and Pandora are likely to fare particularly well. In general, however, the expert is cautious about Pandora./ag/mis

  Publication of the original study: March 31, 2025 / 10:32 PM / EDT

  First distribution of the original study: April 1, 2025 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 28, 2025

  RBC maintains Richemont at 'Sector Perform' - target 170 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 170 ahead of the company's results for the past fiscal year. The watch and jewelry group is expected to have continued strong sales momentum, analyst Piral Dadhania wrote in a report released Friday. However, operational development is likely to have slowed somewhat compared to the previous quarter./edh/mis

  Publication of the original study: March 28, 2025 / 2:21 a.m. / EDT

  First distribution of the original study: March 28, 2025 / 2:21 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  UBS raises target for Richemont to CHF 184 - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for Richemont from CHF 180 to CHF 184 ahead of the watch and jewelry group's quarterly results and maintained its "Buy" rating. Despite the weakening industry trend, the results are likely to underscore the continued outperformance of the jewelry category compared to its competitors, analyst Zuzanna Pusz wrote in an outlook released Friday. Their favorites in the sector are Hermes and Richemont./edh/mis

  Publication of the original study: March 27, 2025 / 5:16 PM / GMT

  First distribution of the original study: March 27, 2025 / 5:16 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 27, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "Outperform" with a price target of CHF 190. The Italian producers reported fuller order books for the second half of the year following their participation in the Intertextile trade fair in Shanghai, analyst Luca Solca wrote on Thursday after his trip to Milan, Florence, and Solomeo. In light of hopeful signals from China, concerns now center primarily on US consumers. Enthusiasm about a strong US under Trump has evaporated. However, the performance of individual brands continues to vary greatly. However, LVMH remains at the top of its quality ranking./ag/tih

  Publication of the original study: March 27, 2025 / 5:59 PM / UTC

  First distribution of the original study: March 28, 2025 / 5:30 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 23, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "outperform" ahead of its quarterly results, with a price target of CHF 190. In a study released Monday, analyst Luca Solca reduced his assumption for organic growth in the luxury goods group's jewelry business for the final quarter of 2024/25. He also lowered his expectations for the watch segment./bek/tih

  Publication of the original study: March 23, 2025 / 6:53 p.m. / UTC

  First distribution of the original study: March 24, 2025 / 6:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 21, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "overweight" with a price target of CHF 175 ahead of fourth-quarter results. Adjusted for currency effects, sales are expected to have increased by seven percent, analyst Chiara Battistini wrote in an outlook released on Monday. She emphasized her expectation that the luxury goods group will stand out with its performance in a subdued industry environment./bek/tih

  Publication of the original study: March 21, 2025 / 6:19 PM / GMT

  First distribution of the original study: March 24, 2025 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 13, 2025

  JPMorgan maintains Richemont at 'Overweight' - target 175 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Richemont's "Overweight" rating with a price target of CHF 175. Business trends for the European luxury goods group have appeared more subdued since the beginning of the year, wrote analyst Chiara Battistini in her industry outlook published Friday. She expects a weak first quarter, especially for the Kering brand Gucci and Burberry, and has therefore placed both stocks on "Negative Catalyst Watch." However, she sees some stocks performing somewhat better. Richemont counts it among its favorites and recommends buying in the event of price declines./gl/ag

  Publication of the original study: March 13, 2025 / 7:08 p.m. / GMT. First distribution of the original study: March 14, 2025 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 10, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 190 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "outperform" with a price target of CHF 190. Data from Global Blue, which handles the refund of tourism purchasing tax, showed some weakening in demand in February, but this was mainly due to calendar effects, analyst Luca Solca wrote in a study released Monday. However, on a two-year basis, the recovery remains on track, as growth in Europe offsets the slower recovery in the Asia-Pacific region./ck/gl

  Publication of the original study: March 10, 2025 / 6:12 a.m. / UTC First distribution of the original study: March 10, 2025 / 6:12 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 21, 2025

  Berenberg raises target for Richemont to CHF 160 - 'Hold'

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg raised its price target for Richemont from 150 to 160 francs, but maintained its "Hold" rating. Analyst Nick Anderson viewed the latest sales figures in his commentary published Wednesday as a sign of "absolute strength." They fueled optimism that the luxury sector has bottomed out.

  Publication of the original study: January 21, 2025 / 4:58 p.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 20, 2025

  Bernstein raises target for Richemont to 190 francs - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Richemont from 145 to 190 francs and maintained its rating at "outperform." "After several months on the sidelines, the luxury sector is back in vogue," wrote analyst Luca Solca in his commentary published Tuesday. The sector's stocks have recovered strongly after Richemont shattered expectations for the fourth quarter. Equally important are the cyclical recovery in demand and the strong momentum in the jewelry segment. Richemont shines with the "hottest brands" in these hard luxury goods./ag/bek

  Publication of the original study: January 20, 2025 / 6:47 PM / UTC

  First distribution of the original study: January 21, 2025 / 6:47 PM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 20, 2025

  RBC raises target for Richemont to CHF 170 - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Richemont from 145 to 170 Swiss francs, but maintained its "Sector Perform" rating. The luxury group achieved impressive growth at the end of the year, analyst Piral Dadhania wrote in his review published Tuesday. In the ongoing difficult environment, the Swiss have remained "virtually flawless."/ag/bek

  Publication of the original study: January 20, 2025 / 5:48 PM / EST

  First distribution of the original study: January 21, 2025 / 12:45 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  UBS raises target for Richemont to 180 francs - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Richemont from 150 to 180 francs and maintained its "Buy" rating. The luxury goods group's performance in the third quarter leaves no doubt about the strength of its jewelry business, wrote analyst Zuzanna Pusz in her commentary published Friday. In this currently particularly strong area, the Swiss are the undisputed leaders./tih/ag

  Publication of the original study: January 16, 2025 / 10:47 PM / GMT

  First distribution of the original study: January 16, 2025 / 10:47 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  Goldman raises target for Richemont to 165 francs - 'Neutral'

  NEW YORK (dpa-AFX Analyst) - The US investment bank Goldman Sachs has raised its price target for Richemont from 133 to 165 francs following sales figures for the third fiscal quarter, but left the rating at "neutral" after the price jump. The quarterly business acceleration signals market share gains and strong corporate management for the luxury goods manufacturer, wrote analyst Louise Singlehurst in her commentary published Friday./mis/ag

  Publication of the original study: January 16, 2025 / 4:46 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  JPMorgan raises target for Richemont to 175 francs - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - Following third-quarter sales figures, US bank JPMorgan raised its price target for Richemont from 150 to 175 Swiss francs and maintained its rating at "Overweight." The luxury goods group began 2025 with a bang, wrote analyst Chiara Battistini in her commentary published Friday. It presented meteoric figures, particularly in the jewelry division. The expert adjusted her estimates accordingly, also taking into account the higher expectations for the current quarter and the stronger margin outlook. According to their assessment, Richemont will continue to be one of the sector's winners./la/ag

  Publication of the original study: January 16, 2025 / 7:23 p.m. / GMT. First distribution of the original study: January 17, 2025 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  Deutsche Bank maintains Richemont at 'Buy' - target 135 francs

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Richemont at "Buy" with a price target of CHF 135 following third-quarter sales figures. The luxury goods manufacturer significantly exceeded expectations. This applies to both the Swiss company's two main divisions and to most of its sales regions, wrote analyst Adam Cochrane in an initial response released Thursday.

  Publication of the original study: January 16, 2025 / Time not specified in the study / GMT

  First distribution of the original study: January 16, 2025 / 7:08 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  Jefferies maintains Richemont at 'Buy' - target 140 francs

  NEW YORK (dpa-AFX Analyser) - The analysis house Jefferies has maintained its rating for Richemont at "Buy" with a price target of 140 francs following sales figures for the third fiscal quarter. Revenue momentum has accelerated quarter-on-quarter, with particularly notable growth in the jewelry business and a more significant-than-expected reduction in pressure in the watch segment, wrote analyst James Grzinic in a study released Thursday./ck/bek

  Publication of the original study: January 16, 2025 / 1:36 a.m. / ET

  First distribution of the original study: January 16, 2025 / 1:36 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  Bernstein maintains Richemont at 'Outperform' - Target 145 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained Richemont's "Outperform" rating with a price target of CHF 145 following its third-quarter sales figures. After luxury goods group Bruno Cucinelli kicked off the luxury goods industry's reporting season with its figures, Richemont's report represents a real highlight, wrote analyst Luca Solca in a quick assessment released Thursday. Organic growth significantly exceeded expectations, with all business areas contributing./ck/bek

  Publication of the original study: January 16, 2025 / 6:38 a.m. / UTC

  First distribution of the original study: January 16, 2025 / 6:38 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 16, 2025

  UBS maintains Richemont at 'Buy' - target 150 francs

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Richemont at "Buy" with a price target of CHF 150 following third-quarter sales figures. Analyst Zuzanna Pusz praised the luxury goods group's revenues for exceeding the bank's expectations, praised in a quick assessment released Thursday. She highlighted an acceleration in sales momentum in all regions except Japan and across all divisions. It therefore expects shares in the entire luxury goods sector to react positively./ck/bek

  Publication of the original study: January 16, 2025 / 6:38 a.m. / GMT

  First distribution of the original study: January 16, 2025 / 6:38 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 9, 2025

  Berenberg raises target for Richemont to CHF 150 - 'Hold'

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has raised its price target for Richemont from 140 to 150 francs and maintained its rating at "Hold." Economic news will continue to dominate the luxury sector in 2025, wrote analyst Nick Anderson in his industry outlook published Friday. He expects greater volatility in the sector. The market is overestimating the impact of US import tariffs, while underestimating headwinds in China. Against this backdrop, a defensive equity strategy is crucial. Anderson favors stocks of companies that are expanding market share, such as Brunello Cucinelli, Hermes, and LVMH. The Geneva-based Richemont group has an impressive track record with luxury brands, delivering sustained growth, market share gains, and better margins than other companies. Outside of this area, however, Richemont has been less successful./ajx/zb

  Publication of the original study: January 9, 2025 / 4:45 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 9, 2025

  RBC raises target for Richemont to CHF 145 - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Richemont from 135 to 145 francs ahead of the start of the reporting season and maintained its rating at "Sector Perform." Sales trends among luxury goods companies are expected to have stabilized in the past quarter, wrote analyst Piral Dadhania in an industry report released Thursday. He sees opportunities in the US, while at least he does not expect any further deterioration in China. LVMH and Richemont are likely to be the most robustly positioned, while Kering and Swatch face risks. In the sporting goods sector, Dadhania prefers Adidas due to its superior sales growth compared to Puma, but expects both companies to post strong figures for the past quarter. The focus for both should also be on the outlook.

  Publication of the original study: January 9, 2025 / 1:03 AM / EST

  First distribution of the original study: January 9, 2025 / 1:03 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 1, 2025

  UBS maintains Richemont at 'Buy' - target 150 francs

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Richemont at "Buy" with a price target of CHF 150. Investor sentiment toward the luxury sector has recently improved somewhat, wrote analyst Zuzanna Pusz in an outlook on the companies' upcoming quarterly reports published Thursday. However, this is offset by a shaky economy and a certain "luxury fatigue." Richemont shares have above-average upside potential to their target price among the 14 stocks evaluated./bek/gl

  Publication of the original study: January 1, 2025 / 10:57 PM / GMT. First distribution of the original study: January 1, 2025 / 10:57 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 11, 2024

  RBC maintains Richemont at 'Sector Perform' - target 135 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained Richemont's "Sector Perform" rating with a price target of CHF 135. The improving US economy is supporting shares of luxury goods and sporting goods manufacturers, analyst Piral Dadhania wrote in a sector outlook for 2025 published Thursday. Recent data, including from China, strengthened his confidence in a stabilization of sales starting in the current quarter. In the luxury goods sector, he favors LVMH, Burberry, and Watches of Switzerland, and in the sporting goods sector, Adidas. The company's diversification, economies of scale, and status as a leader in the industry speak in favor of LVMH./gl/mis

  Publication of the original study: December 11, 2024 / 8:19 PM / EST. First distribution of the original study: December 12, 2024 / 12:45 AM / EST.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 11, 2024

  JPMorgan maintains Richemont at 'Overweight' - target 150 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "Overweight" with a price target of CHF 150 ahead of third-quarter results. Analyst Chiara Battistini expects the Jewelry Maisons segment to perform well, according to a study released Thursday. Here, sales excluding exchange rate effects are expected to have increased by five percent, primarily thanks to the Cartier and Van Cleef brands./bek/gl

  Publication of the original study: December 11, 2024 / 5:27 PM / GMT. First distribution of the original study: December 12, 2024 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 9, 2024

  RBC lowers target for Richemont to CHF 135 - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has lowered its price target for Richemont from 140 to 135 Swiss francs and maintained its rating at "Sector Perform." Analyst Piral Dadhania's favorites for 2025 in the luxury and premium brands sector are Adidas, LVMH, Burberry, and Watches of Switzerland. He wrote this in his outlook on Monday./ag/gl

  Publication of the original study: December 9, 2024 / 12:46 AM / EST First distribution of the original study: December 9, 2024 / 12:46 AM / EST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 5, 2024

  Goldman raises target for Richemont to 133 francs - 'Neutral'

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has raised its price target for Richemont from 130 to 133 francs and maintained its rating at "Neutral." In her industry outlook published Friday, analyst Louise Singlehurst expects Europe's luxury goods manufacturers to achieve average sales growth of 3 percent in 2025, adjusted for currency effects – half the long-term average. Given the share price decline since the beginning of the year, support from the valuation side is increasing. With consensus estimates already pointing to growth in Western markets, the decisive factor remains the course of a recovery in China. However, developments at individual companies are likely to diverge. Singlehurst favors LVMH, Moncler, and Prada due to their potential for market share gains and their attractive valuations – she upgraded the latter two to "Buy." Due to the industry's low growth, it is still too early to bet on turnaround stories like Kering./gl/ag

  Publication of the original study: December 5, 2024 / 11:21 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 29, 2024

  JPMorgan maintains Richemont at 'Overweight' - 'Positive Catalyst'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating on Richemont shares with a price target of CHF 150. Analyst Chiara Battistini also gave the shares a "Positive Catalyst Watch" rating in her outlook for the luxury goods sector published on Monday, signaling particular optimism for the share price development in the short term. She is betting on the Swiss company's jewelry business and continued strong momentum. Overall, it will be another difficult year for the industry, with a hunt for growth./ag/zb

  Publication of the original study: November 29, 2024 / 6:31 p.m. / GMT

  First distribution of the original study: December 2, 2024 / 12:15 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 21, 2024

  Bernstein lowers target for Richemont to 145 francs - 'Outperform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Richemont from 155 to 145 Swiss francs, but maintained its rating at "outperform." Analyst Luca Solca presented a revised outlook for the luxury goods industry for 2025 on Thursday. Overall, he expects more moderate growth, depending on the second half of the year. First, it remains to be seen whether the recently sluggish Chinese demand will recover./ag/mis

  Publication of the original study: November 21, 2024 / 00:19 / UTC

  First distribution of the original study: November 21, 2024 / 06:25 / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 19, 2024

  JPMorgan maintains Richemont at 'Overweight' - target 150 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "overweight" with a price target of CHF 150. Analyst Chiara Battistini wrote on Tuesday that October was another weak month for Swiss watch exports. Overall, however, the industry figures do not offer many surprises compared to recent months and the Richemont reporting./tih/ag

  Publication of the original study: November 19, 2024 / 7:46 a.m. / GMT

  First distribution of the original study: November 19, 2024 / 8:08 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 10, 2024

  RBC lowers target for Richemont to 140 francs - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Richemont from 145 to 140 Swiss francs, but maintained its rating at "Sector Perform." The luxury goods group's key performance indicators largely met its expectations, wrote analyst Piral Dadhania in his commentary published Monday following the first-half results. However, it reduced its earnings forecast (EBIT) for the 2024/25 fiscal year./edh/ag

  Publication of the original study: November 10, 2024 / 5:48 PM / EDT

  First distribution of the original study: November 11, 2024 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  UBS maintains Richemont at 'Buy' - target CHF 144

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Richemont with a price target of CHF 144. Following the weak results of its luxury peers, investors were unlikely to have placed much hope that Jewellery Maisons would meet its growth target, analyst Zuzanna Pusz wrote on Friday morning. This is therefore clearly positive. However, consolidated net income fell short of expectations./ag/gl

  Publication of the original study: November 8, 2024 / 6:59 a.m. / GMT First distribution of the original study: November 8, 2024 / 6:59 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  JPMorgan lowers Richemont target to 150 francs - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Richemont from 155 to 150 Swiss francs, but maintained its rating at "overweight." Analyst Chiara Battistini lowered her forecasts for the luxury goods group by up to 10 percent in a recent report on Friday following the release of its half-year results. However, the jewelry division performed well in line with its competitors, thanks to the strong Van Cleef and Cartier brands. While the luxury goods market will remain challenging in the coming months, she prefers Richemont to other companies in the sector./ajx/he

  Publication of the original study: November 8, 2024 / 5:02 PM / GMT. First distribution of the original study: November 8, 2024 / 5:24 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Goldman raises target for Richemont to 130 francs - 'Neutral'

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has raised its price target for Richemont from 128 to 130 Swiss francs and maintained its rating at "neutral." The decisive positive aspect is the development of Jewelry Maisons, wrote analyst Louise Singlehurst on Friday evening after the quarterly report. Market share is being gained there. Meanwhile, the watch business is weighing on the group's profitability./ag/mis

  Publication of the original study: November 8, 2024 / 9:36 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Jefferies raises target for Richemont to CHF 140 - 'Buy'

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has raised its price target for Richemont from 135 to 140 Swiss francs and maintained its "Buy" rating. Analyst James Grzinic remains optimistic following the luxury group's quarterly report and emphasized robust growth outside of China in his commentary on Friday./ag/ajx

  Publication of the original study: November 8, 2024 / 8:01 a.m. / ET

  First distribution of the original study: November 8, 2024 / 8:01 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Goldman leaves Richemont at 'Neutral' - Target 128 francs

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its rating for Richemont at "Neutral" with a price target of CHF 128. Relatively robust sales are the most important factor and encouraging in the adverse environment, analyst Louise Singlehurst wrote on Friday morning after the quarterly report. Nevertheless, the operating result for the first half of the fiscal year was significantly below market expectations./ag/mis

  Publication of the original study: November 8, 2024 / 7:23 a.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 8, 2024

  Deutsche Bank maintains Richemont at 'Buy' - target 140 francs

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Richemont with a price target of CHF 140. The sale of the online fashion and accessories business Yoox Net-A-Porter (YNAP) in exchange for a stake in Myntheresa appears to him to be a reasonable solution to a long-standing problem, wrote analyst Adam Cochrane in a commentary published Tuesday. The luxury goods group is thus closing a chapter that has proven to be a costly and loss-making venture into online luxury retail./gl/tih

  Publication of the original study: October 8, 2024 / 8:10 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 7, 2024

  Bernstein maintains Richemont at 'Outperform' - Target 155 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "outperform" with a price target of CHF 155. The announced sale of the online fashion and accessories business Yoox Net-A-Porter (YNAP) to Mytheresa is a positive step, wrote analyst Luca Solca in a report released Monday. YNAP has caused headaches for shareholders./mis/tih

  Publication of the original study: October 7, 2024 / 10:53 a.m. / UTC

  First distribution of the original study: October 7, 2024 / 10:53 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 7, 2024

  RBC maintains Richemont at 'Sector Perform' - target 145 francs

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Richemont at "Sector Perform" with a price target of CHF 145. In his industry analysis published Tuesday, Piral Dadhania revised his list of the best investment ideas in the European luxury goods and sporting goods sector, also reflecting the recent outlook in China. He views the luxury segment more neutrally than last year due to several profit warnings, but LVMH and Watches of Switzerland remain his preferred stocks. Adidas is growing fastest in the sporting goods business./tih/ag

  Publication of the original study: October 7, 2024 / 5:33 p.m. / EDT

  First distribution of the original study: October 8, 2024 / 12:45 a.m. / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 7, 2024

  JPMorgan maintains Richemont at 'Overweight' - target 155 francs

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Richemont at "Overweight" with a price target of CHF 155. The announced sale of the online fashion and accessories business Yoox Net-A-Porter (YNAP) to Mytheresa is a further step forward for the luxury group, wrote analyst Chiara Battistini in a study released Monday. This eliminates any long-term burden on Richemont's share price./mis/edh

  Publication of the original study: October 7, 2024 / 7:43 a.m. / BST

  First distribution of the original study: October 7, 2024 / 7:49 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 7, 2024

  Goldman maintains Richemont at 'Buy' - target 132 francs

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its "Buy" rating for Richemont with a price target of CHF 132. The simplified corporate structure is likely to be received positively, analyst Louise Singlehurst wrote on Monday following the sale of YNAP to Mytheresa. YNAP had already been deconsolidated, and the deal had been widely expected./ag/edh

  Publication of the original study: October 7, 2024 / 7:57 a.m. / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 25, 2024

  RBC lowers target for Richemont to CHF 145 - 'Sector Perform'

  NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Richemont from 150 to 145 francs ahead of the third-quarter reporting season and maintained its rating at "Sector Perform." Market expectations in the luxury goods sector already reflect subdued demand in most major markets, analyst Piral Dadhania wrote in a report released Thursday. Existing challenges, such as higher prices, have not yet been resolved. He expects only limited organic growth with stagnating margins. LVMH remains its preferred sector stock alongside Watches of Switzerland./tih/ajx

  Publication of the original study: September 25, 2024 / 6:53 PM / EDT

  First distribution of the original study: September 26, 2024 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 23, 2024

  UBS lowers target for Richemont to 144 francs - 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Richemont from 153 to 144 francs, but maintained its "Buy" rating. The jewelry business, Jewellery Maisons, is expected to prove surprisingly robust in the difficult environment, wrote analyst Zuzanna Pusz in her outlook for the second-quarter report published on Tuesday. However, it still slightly reduced its overall revenue and earnings estimates./ag/zb

  Publication of the original study: September 23, 2024 / 10:44 AM / GMT

  First distribution of the original study: September 23, 2024 / 10:44 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 20, 2024

  Goldman lowers Richemont target to CHF 132 - 'Buy'

  NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Richemont from 150 to 132 francs, but maintained its "Buy" rating. Conditions in the luxury goods sector are currently challenging, wrote analyst Louise Singlehurst in her industry commentary published Friday. Shares have already factored in some of these challenges with their weakness, but she still sees downside risks. She lowered her estimates across the board, also due to the assumption of a higher weighted cost of capital. However, Richemont remains one of their "top picks" due to its economies of scale and better cost control./tih/ag

  Publication of the original study: September 20, 2024 / 5:33 a.m. / BST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 19, 2024

  Jefferies lowers Richemont target to CHF 135 - 'Buy'

  NEW YORK (dpa-AFX Analyst) - Research firm Jefferies lowered its price target for Richemont from 165 to 135 Swiss francs, but maintained its "Buy" rating. Market expectations for the luxury goods sector declined by a mid-single-digit percentage last month, analyst James Grzinic wrote in his commentary published Friday. He himself fell significantly below consensus with his operating earnings estimate. In some cases, its capped price targets are at the lowest level of all experts./ag/stk

  Publication of the original study: September 19, 2024 / 1:42 PM / ET

  First distribution of the original study: September 19, 2024 / 7:01 PM / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 16, 2024

  Barclays lowers target for Richemont to 147 francs - 'Overweight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays lowered its price target for Richemont from CHF 150 to CHF 147 ahead of earnings and maintained its rating at "overweight." The lowered estimates and the new price target reflect the more challenging environment for luxury stocks, analyst Carole Madjo wrote in a report released Tuesday. This also reflects the headwinds from currency developments./mf/bek

  Publication of the original study: September 16, 2024 / 5:42 PM / GMT

  First distribution of the original study: September 17, 2024 / 3:00 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 9, 2024

  Barclays lowers target for Richemont to 150 francs - 'Overweight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Richemont from 164 to 150 Swiss francs, but maintained its rating at "Overweight." Analyst Carole Madjo, with a more skeptical view from a trip out of China, is taking a reality check. According to her industry commentary released on Monday, she now expects prolonged weakness due to structural issues. She sees Kering and Burberry as victims of increased polarization./ag/mis

  Publication of the original study: September 9, 2024 / 4:37 a.m. / GMT

  First distribution of the original study: September 9, 2024 / 4:45 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 3, 2024

  RBC maintains Richemont at 'Sector Perform' - target CHF 155

  NEW YORK (dpa-AFX Analyst) - Following an expert discussion on the company's Asian business, Canadian bank RBC maintained its rating for Richemont at "Sector Perform" with a price target of CHF 155. Demand trends in Asia are subdued. In China, brick-and-mortar retail is under pressure due to lower customer demand and a partial shift in demand to Japan, analyst Piral Dadhania wrote in a report released Wednesday. There is only limited hope for improvement in the short term, especially in the luxury goods sector. The situation in the sporting goods sector is not quite as bad./tih/ck

  Publication of the original study: September 3, 2024 / 5:57 PM / EDT

  First distribution of the original study: September 4, 2024 / 12:45 AM / EDT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 30, 2024

  UBS maintains Richemont at 'Buy'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "Buy" rating on Richemont with a price target of CHF 153. The August survey of Swiss watch manufacturers by the KOF Economic Institute shows that expectations for production plans in the coming three months have improved significantly compared to the previous month, analyst Zuzanna Pusz wrote in an industry study released Monday. However, she remains overall neutral on this product category. In the long term, it is less attractive than jewelry, which is more important for Richemont anyway, as well as other luxury goods./gl/ajx

  Publication of the original study: August 30, 2024 / 7:35 a.m. / GMT. First distribution of the original study: August 30, 2024 / 7:35 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 29, 2024

  Bernstein maintains Richemont at 'Outperform' - Target 155 francs

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Richemont at "outperform" with a price target of CHF 155. Investors have become accustomed to the assumption that LVMH is less vulnerable to fashion cycles than most other players in the luxury segment, analyst Luca Solca wrote in a study released Thursday. This is largely correct and evident in the organic growth of the fashion and leather goods division compared to brands like Gucci or Prada. However, a comparison with Hermes is the better approach here, as it shows that LVMH is not entirely immune to such cycles./tih/gl

  Publication of the original study: August 29, 2024 / 5:54 a.m. / UTC First distribution of the original study: August 29, 2024 / 5:54 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.