Luxottica Group SpA Receives “Neutral” Rating from Mediobanca SpA (LUX)

Luxottica Group SpA (BIT: LUX)‘s stock had its “neutral” rating restated by equities researchers at Mediobanca SpA in a report issued on Thursday. They currently have a $43.42 (€33) target price on the stock.

Shares of Luxottica Group SpA traded up 2.04% during mid-day trading on Thursday, hitting €35.0100. Luxottica Group SpA has a 52 week low of €24.6100 and a 52 week high of €35.1000. The stock’s 50-day moving average is currently €28.06. The company has a market cap of €16.308 billion and a P/E ratio of 30.07.

A number of other analysts have also recently weighed in on LUX. Analysts at AlphaValue reiterated a “sell” rating on shares of Luxottica Group SpA in a research note to investors on Thursday, February 21st. They now have a $35.73 price target on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Luxottica Group SpA in a research note to investors on Wednesday, January 30th. They now have a $51.35 price target on the stock.

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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