Brokerages Set LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) PT at $10.33

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been given a consensus recommendation of “Hold” by the five analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $10.3333.

A number of brokerages have weighed in on LUXE. JPMorgan Chase & Co. downgraded LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 price target for the company. in a report on Wednesday, February 18th. Jefferies Financial Group started coverage on LuxExperience B.V. in a research note on Wednesday, January 14th. They set a “hold” rating and a $9.00 target price for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of LuxExperience B.V. in a report on Monday, December 29th. B. Riley Financial initiated coverage on LuxExperience B.V. in a research note on Thursday, January 15th. They issued a “buy” rating and a $12.00 price target on the stock. Finally, Zacks Research downgraded shares of LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th.

LuxExperience B.V. Stock Up 0.9%

LUXE opened at $9.72 on Friday. The firm has a market capitalization of $833.00 million, a PE ratio of 2.25 and a beta of 1.11. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.83 and a current ratio of 2.12. LuxExperience B.V. has a twelve month low of $6.18 and a twelve month high of $11.38. The business’s fifty day moving average price is $8.65.

Hedge Funds Weigh In On LuxExperience B.V.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in shares of LuxExperience B.V. in the 4th quarter valued at about $26,000. State of Wyoming acquired a new stake in LuxExperience B.V. in the third quarter valued at approximately $49,000. Larson Financial Group LLC bought a new stake in shares of LuxExperience B.V. during the fourth quarter valued at approximately $52,000. HRT Financial LP bought a new stake in shares of LuxExperience B.V. during the fourth quarter valued at approximately $114,000. Finally, XTX Topco Ltd acquired a new position in shares of LuxExperience B.V. during the fourth quarter worth approximately $125,000. Institutional investors own 10.07% of the company’s stock.

LuxExperience B.V. Company Profile

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.