Luxottica Group, S.p.A. (LUXTY) Given Consensus Rating of “Hold” by Brokerages
Shares of Luxottica Group, S.p.A. (OTCMKTS:LUXTY) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company.
A number of research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Luxottica Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Royal Bank Of Canada lowered shares of Luxottica Group from a “sector perform” rating to an “underperform” rating in a research report on Thursday, September 21st. Finally, Societe Generale lowered shares of Luxottica Group from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th.
Luxottica Group (OTCMKTS LUXTY) opened at $60.00 on Thursday. Luxottica Group has a 12 month low of $49.74 and a 12 month high of $62.57. The company has a current ratio of 1.53, a quick ratio of 1.10 and a debt-to-equity ratio of 0.32.
Luxottica Group Company Profile
Luxottica Group S.p.A. is a holding company. The Company is engaged in the design, manufacture and distribution of fashion, luxury, sport and performance eyewear. The Company operates through two segments: manufacturing and wholesale distribution, and retail distribution. Through its manufacturing and wholesale distribution operations, the Company is engaged in design, manufacturing, wholesale distribution and marketing of brands and designer lines of prescription frames and sunglasses, as well as of performance optics products.
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