Compagnie Financière Richemont SA Expected to Earn FY2022 Earnings of $0.51 Per Share (OTCMKTS:CFRUY)

Compagnie Financière Richemont SA (OTCMKTS:CFRUY – Get Rating) – Research analysts at Jefferies Financial Group issued their FY2022 earnings per share (EPS) estimates for Compagnie Financière Richemont in a report issued on Monday, April 11th. Jefferies Financial Group analyst F. Cereda anticipates that the company will post earnings of $0.51 per share for the year. Jefferies Financial Group has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Compagnie Financière Richemont’s FY2023 earnings at $0.59 EPS and FY2024 earnings at $0.66 EPS.

A number of other research firms also recently commented on CFRUY. Barclays increased their target price on Compagnie Financière Richemont from CHF 150 to CHF 155 in a research report on Tuesday, January 4th. Zacks Investment Research lowered Compagnie Financière Richemont from a “buy” rating to a “hold” rating in a research note on Wednesday, March 23rd. UBS Group raised their price target on Compagnie Financière Richemont from CHF 159 to CHF 167 in a research note on Tuesday, April 5th. Finally, Morgan Stanley increased their target price on shares of Compagnie Financière Richemont from CHF 152 to CHF 165 and gave the company an “overweight” rating in a research report on Tuesday, January 18th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Compagnie Financière Richemont presently has a consensus rating of “Buy” and a consensus price target of $126.00.

Shares of CFRUY opened at $12.33 on Wednesday. Compagnie Financière Richemont has a 1 year low of $10.06 and a 1 year high of $15.67. The company has a 50 day simple moving average of $12.87 and a two-hundred day simple moving average of $13.40.

About Compagnie Financière Richemont (Get Rating)

Compagnie Financière Richemont SA engages in the luxury goods business in Europe, the Middle East, Africa, Asia, and the Americas. The company operates through Jewellery Maisons, Specialist Watchmakers, and Online Distributors segments. It designs, manufactures, and distributes jewelry products; and precision timepieces, watches, and writing instruments, as well as clothing, and leather goods and accessories.

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