Morgan Stanley (NYSE: MS) has upgraded Richemont SA (SIX: CFR) stock to Overweight and raised its price target to CHF 200 from CHF 148. With Richemont 's stock up ...

Johan Rupert, South Africa’s wealthiest individual and the current richest person in Africa according to Forbes’ real-time billionaire index, has ...

On Wednesday, Morgan Stanley (NYSE:MS) analysts upgraded the stock rating of luxury goods company Compagnie Financiere Richemont (LON:0QMU) SA (JO:CFRJ) (CFR:SW) (OTC: CFRUY) from Equalweight to ...

The new price target of CHF 200.00 implies that Richemont shares are trading at a price-to-earnings (P/E) ratio of 26.2x. Morgan Stanley's analysts consider this valuation to be reasonable, given ...

Beneath the attention-grabbing headlines, the pre-owned watch market is rife with nuances, such as the fact that Cartier is ...

The growth outpaced an expected 1.6% decline, according to a consensus forecast cited by Morgan Stanley ... expectations on the back of the recent Richemont major beat". The group's American ...

But analysts cautioned the sales beat was largely priced in after the stock gained more than 18% since the start of the year, largely buoyed by expectation-beating results from industry peers ...

While the likes of Richemont and LVMH have posted double ... lining up to slap underperform calls on it this month, with Morgan Stanley’s Natasha Bonnet the latest to downgrade the stock and ...