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Morgan Stanley lifts Richemont stock to Overweight, target to CHF200
The new price target of CHF 200.00 implies that Richemont shares are trading at a price-to-earnings (P/E) ratio of 26.2x. Morgan Stanley's analysts consider this valuation to be reasonable, given ...
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Jérôme Lambert took an unlikely career step down from Richemont CEO to leading one of its 29 brands. He said he just wanted to return to ‘the job I love’
it’s clear Richemont wants him to shepherd the brand as it was back in its glory days. According to a February report by Morgan Stanley and LuxeConsult, Jaeger-LeCoultre underperformed the Swiss ...
Jérôme Lambert: ‘The industry is less technical and in-depth, but more diverse than before’
Former Richemont CEO on the challenges and opportunities of taking the helm — for the second time — at watchmaker Jaeger-LeCoultre ...