Cie Financiere Richemont SA Given “Sell” Rating at AlphaValue (CFR)

Cie Financiere Richemont SA (VTX: CFR)‘s stock had its “sell” rating restated by analysts at AlphaValue in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports. They currently have a CHF 73.20 price target on the stock.

Shares of Cie Financiere Richemont SA (VTX: CFR) opened at 83.25 on Thursday. Cie Financiere Richemont SA has a 52 week low of CHK 48.13 and a 52 week high of CHK 93.10. The stock’s 50-day moving average is currently CHK 59.69.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Cie Financiere Richemont SA in a research note to investors on Wednesday, May 29th. Separately, 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. Finally, 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.

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