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 | UK Pounds |
Share Price | 1,188.50p |
Change Today | 23.50p |
% Change | 2.02 % |
52 Week High | 2,537.00 |
52 Week Low | 1,122.00 |
Volume | 1,474,324 |
Shares Issued | 358.58m |
Market Cap | £4,261.77m |
RiskGrade | 142 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 1 |
Buy | 0 |
Neutral | 15 |
Sell | 3 |
Strong Sell | 1 |
Total | 20 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 14-Dec-23 | 29-Jun-23 |
Paid | 26-Jan-24 | 04-Aug-23 |
Amount | 18.30p | 44.50p |
Time | Volume / Share Price |
16:58 | 16,000 @ 1,193.38p |
16:50 | 16,000 @ 1,193.38p |
16:49 | 16,000 @ 1,193.38p |
16:24 | 5 @ 1,191.50p |
16:24 | 10 @ 1,191.50p |
Chair | Gerry M Murphy |
CEO | Jonathan Akeroyd |
CFO | Kate Ferry |
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