Cie Financiere Richemont SA Given “Outperform” Rating at Sanford C. Bernstein (CFR)

Cie Financiere Richemont SA (VTX: CFR)‘s stock had its “outperform” rating reiterated by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports.

Shares of Cie Financiere Richemont SA (VTX: CFR) opened at 86.85 on Wednesday. Cie Financiere Richemont SA has a one year low of CHK 48.13 and a one year high of CHK 93.10. The stock’s 50-day moving average is currently CHK 59.69.

A number of other analysts have also recently weighed in on CFR. Analysts at Nomura reiterated a “buy” rating on shares of Cie Financiere Richemont SA in a research note to investors on Friday, May 24th. They now have a CHF 83 price target on the stock. Analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of Cie Financiere Richemont SA in a research note to investors on Tuesday, May 21st. They now have a CHF 90 price target on the stock.

Compagnie Financiere Richemont SA is a Switzerland-based luxury goods company. The Company operates in four segments: Jewellery Maisons; Specialist Watchmakers; Montblanc Maison, and Other.