Richemont: Barclays lowers target price

(CercleFinance.com) - Barclays maintains its 'overweight' rating on Richemont shares, but lowers its target price for them from 150 CHF to 147 CHF, after a 4% reduction in its FY 2025 EPS estimate for the Swiss luxury group.


Ahead of Richemont's h1 2025 results (period ending September 2024), the broker updates its forecasts to reflect the macroeconomic pressure of a more challenging environment.


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