Citi Remains a Buy on Compagnie Financiere Richemont SA (CFR)

According to TipRanks, Chauvet is a 4-star analyst with an average return of 6.9% and a 52.76% success rate.

In addition to Citi, Compagnie Financiere Richemont SA also received a Buy from Barclays’s Viktoria Petrova in a report issued yesterday. However, on July 2, RBC Capital maintained a Hold rating on Compagnie Financiere Richemont SA (Six Swiss: CFR).

Based on Compagnie Financiere Richemont SA’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of CHF11.82 billion and a net profit of CHF1.67 billion. In comparison, last year the company earned a revenue of CHF11.32 billion and had a net profit of CHF2.29 billion

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock.