Barclays upgraded shares of Compagnie Financière Richemont (OTCMKTS:CFRUY – Free Report) to a strong-buy rating in a research report report published on Tuesday morning, Zacks.com reports.
Compagnie Financière Richemont Stock Up 1.6 %
CFRUY stock opened at $14.20 on Tuesday. Compagnie Financière Richemont has a 12 month low of $11.41 and a 12 month high of $16.91. The company has a 50-day moving average price of $14.99 and a 200 day moving average price of $15.22.
Compagnie Financière Richemont Cuts Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th will be paid a dividend of $0.1454 per share. The ex-dividend date of this dividend is Friday, September 20th.
Compagnie Financière Richemont Company Profile
Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.
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