Banca Akros Reiterates Accumulate on Luxottica Group SpA (LUX)
Luxottica Group SpA (BIT: LUX)‘s stock had its “accumulate” rating restated by analysts at Banca Akros in a research report issued to clients and investors on Friday. They currently have a $41.87 (€31) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bryan Garnier & Cie reiterated a “buy” rating on shares of Luxottica Group SpA in a research note to investors on Wednesday, January 16th. They now have a $46.67 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, January 3rd. They now have a $35.66 price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Luxottica Group SpA in a research note to investors on Monday, December 31st. They now have a $40.79 price target on the stock.
Luxottica Group SpA traded down 0.12% on Friday, hitting €33.4300. Luxottica Group SpA has a 52-week low of €24.4000 and a 52-week high of €33.8000. The stock’s 50-day moving average is currently €28.06. The company has a market cap of €15.572 billion and a price-to-earnings ratio of 29.33.
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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