Compagnie Financière Richemont SA (0QMU.IL)
| Previous close | 111.20 |
| Open | 108.60 |
| Bid | 102.85 x N/A |
| Ask | 113.65 x N/A |
| Day's range | 108.25 - 109.45 |
| 52-week range | 91.82 - 161.05 |
| Volume | |
| Avg. volume | 869,742 |
| Market cap | 69.544B |
| Beta (5Y monthly) | 1.25 |
| PE ratio (TTM) | 16.53 |
| EPS (TTM) | 6.58 |
| Earnings date | N/A |
| Forward dividend & yield | 2.50 (2.25%) |
| Ex-dividend date | 20 Sept 2023 |
| 1y target est | 160.30 |
- Yahoo Finance Video
Luxury stocks take major tumble: LVMH, Kering, Richemont
Luxury retail stocks, such as brands LVMH (MC.PA), Kering (KER.PA), and Richemont (CFR.SW), have fallen off tremendously, reversing their year-to-date profit gains. Morgan Stanley analysts have decreased the price targets for both Kering and LVMH, and additionally downgraded Richemont to an "Equal Weight" rating. The luxury market is anticipated to face a slowdown in demand in the coming year. Yahoo Finance's Akiko Fujita and Rachelle Akuffo break down the details of the downturn in consumer luxury spending. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Investing.com
European luxury stocks face decline amid warnings of slowing demand
European luxury stocks, including LVMH, Kering (EPA:PRTP), Richemont, and Burberry Group (OTC:BURBY) Plc, experienced a decline on Tuesday. This downturn follows a warning issued by Morgan Stanley analysts about a potential slowdown in the demand for high-end handbags and jewelry in China and Europe.
Simply Wall St.Is Weakness In Compagnie Financière Richemont SA (VTX:CFR) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
With its stock down 21% over the past three months, it is easy to disregard Compagnie Financière Richemont (VTX:CFR...
