|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||12.70 - 12.92|
|52-week range||6.11 - 13.07|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||46.41|
|Forward dividend & yield||0.11 (0.89%)|
|Ex-dividend date||18 Dec 2020|
|1y target est||N/A|
ZURICH (Reuters) -Cartier maker Richemont said on Friday a strong performance from its jewellery brands, particularly in the Americas, helped its sales more than double in the three months to June 30 as the pandemic's impact waned. Sales of luxury goods have recovered this year from the pandemic-related downturn with Richemont benefiting more than others thanks to its leading position in jewellery, its biggest product category. Earlier this week, Swatch Group said it returned to profit in the first six months of 2021 as constant currency sales jumped more than 50%.
Compagnie Financiere Richemont AG (CFRUY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.