Luxottica Group SpA’s “Buy” Rating Reaffirmed at Bryan Garnier & Cie (LUX)

Bryan Garnier & Cie reiterated their buy rating on shares of Luxottica Group SpA (BIT: LUX) in a research report released on Thursday morning, Stock Ratings Network reports. Bryan Garnier & Cie currently has a €44.00 ($57.14) price objective on the stock.

Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a sell rating on shares of Luxottica Group SpA in a research note to investors on Thursday, May 16th. They now have a €27.50 ($35.71) price target on the stock. Separately, analysts at Mediobanca SpA reiterated a neutral rating on shares of Luxottica Group SpA in a research note to investors on Tuesday, April 30th. They now have a €37.80 ($49.09) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a buy rating on shares of Luxottica Group SpA in a research note to investors on Monday, April 29th. They now have a €40.00 ($51.95) price target on the stock.

Three investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. Luxottica Group SpA presently has an average rating of Hold and an average price target of €35.38 ($45.95).

Luxottica Group SpA (BIT: LUX) traded up 0.46% on Thursday, hitting €41.3400. Luxottica Group SpA has a 52-week low of €24.6100 and a 52-week high of €42.9700. The stock’s 50-day moving average is currently €28.06. The company has a market cap of €19.487 billion and a price-to-earnings ratio of 34.01.

Luxottica Group SpA is an Italy-based company engaged in the design, manufacturing and distribution of prescription frames, sports eyewear and sunglasses.

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