Investing.com -- 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 27% year-to-date ...

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

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 ...

Morgan Stanley has lifted its earnings estimates for Richemont for the fiscal year 2025-2027 cycle and expects multiple expansion to follow. The stock is currently trading at a 23x forward ...

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 ...

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

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 ...

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short ...

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 ...