Luxottica Group SpA (BIT: LUX)‘s stock had its “outperform” rating restated by equities researchers at Raymond James in a report issued on Friday. They currently have a $49.35 (€38) target price on the stock.
Luxottica Group SpA traded up 0.70% on Friday, hitting €35.8100. 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 €16.681 billion and a price-to-earnings ratio of 31.17.
Other equities research analysts have also recently issued reports about the stock. Analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Luxottica Group SpA in a research note to investors on Thursday. They now have a $43.42 price target on the stock. Separately, 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 AlphaValue reiterated a “sell” rating on shares of Luxottica Group SpA in a research note to investors on Thursday, February 7th. They now have a $35.95 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
