By Michele Maatouk
Date: Wednesday 22 Sep 2021
LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.
The bank said it's a secular growth and high-quality sector that has been trading at all-time highs, but the recent de-rating presents a "buying opportunity".
Barclays stated Swatch, Prada, LVMH, Richemont and Kering at 'overweight'. Meanwhile, Hermes, Moncler, Mulberry and Burberry were started at 'equalweight'. Tod's and Ferragamo were started at 'underweight' .
The bank said its preferred names are Swatch and LVMH, while its least preferred is Tod's.
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Currency | Euro |
Share Price | 2,142.11 |
Change Today | -2.89 |
% Change | -0.13 % |
52 Week High | 2,839.00 |
52 Week Low | 1,979.00 |
Volume | 3,861 |
Shares Issued | 105.57m |
Market Cap | 226,140m |
Beta | 1.06 |
Strong Buy | 6 |
Buy | 6 |
Neutral | 12 |
Sell | 0 |
Strong Sell | 0 |
Total | 24 |
Time | Volume / Share Price |
09:57 | 7 @ 2,143.00 |
09:57 | 7 @ 2,143.00 |
09:57 | 6 @ 2,143.00 |
09:57 | 3 @ 2,143.00 |
09:57 | 3 @ 2,143.00 |
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