In a report released yesterday, Viktoria Petrova from Barclays maintained a Buy rating on Compagnie Financiere Richemont SA.

In a report released yesterday, Viktoria Petrova from Barclays maintained a Buy rating on Compagnie Financiere Richemont SA. The company’s shares closed yesterday at CHF157.70. Memorial Day Sale – Claim 70% Off TipRanks Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter According to TipRanks, Petrova is ranked #4730 out of 12214 analysts. Compagnie Financiere Richemont SA has an analyst consensus of Strong Buy, with a price target consensus of CHF179.23, implying a 13.65% upside from current levels. In a report released yesterday, UBS also maintained a Buy rating on the stock with a CHF186.00 price target. Based on Compagnie Financiere Richemont SA’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of CHF11.82 billion and a net profit of CHF1.67 billion. In comparison, last year the company earned a revenue of CHF11.32 billion and had a net profit of CHF2.29 billion Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CFR in relation to earlier this year.

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