Richemont: Stifel boosts target price
(CercleFinance.com) - Stifel maintains its Buy rating on Richemont shares, with a target price raised from 152 CHF to 180 CHF.
The analyst says he has raised his sales forecasts for FY 2025-2026 by 4% to 5% and also raises his EPS estimate for 2026 by 8%, following last week's release of much better-than-expected Q3 sales figures.
Stifel also raises its EBIT forecasts for FY 2025 and 2026 by 5% and 7% respectively, and states that Richemont remains one of its favourite stocks in the sector.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The analyst says he has raised his sales forecasts for FY 2025-2026 by 4% to 5% and also raises his EPS estimate for 2026 by 8%, following last week's release of much better-than-expected Q3 sales figures.
Stifel also raises its EBIT forecasts for FY 2025 and 2026 by 5% and 7% respectively, and states that Richemont remains one of its favourite stocks in the sector.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.