Published On: Wed, Oct 19th, 2016

Broker Changes For Luxottica Group, S.p.A. (NYSE:LUX)


Recently stock market analysts have updated their consensus ratings on shares of Luxottica Group, S.p.A. (NYSE:LUX).

Most recent broker ratings

09/13/2016 – Luxottica Group, S.p.A. was upgraded to “buy” by analysts at Deutsche Bank.

08/08/2016 – Luxottica Group, S.p.A. had its “sector perform” rating reiterated by analysts at RBC Capital.

06/15/2016 – Credit Suisse began new coverage on Luxottica Group, S.p.A. giving the company a “outperform” rating.

05/04/2016 – Luxottica Group, S.p.A. was upgraded to “outperform” by analysts at Raymond James.

02/09/2016 – Luxottica Group, S.p.A. had its “hold” rating reiterated by analysts at Jefferies.

11/25/2015 – Luxottica Group, S.p.A. had its “buy” rating reiterated by analysts at William Blair.

11/02/2015 – Luxottica Group, S.p.A. was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.

10/23/2015 – Luxottica Group, S.p.A. was downgraded to “equal weight” by analysts at Morgan Stanley.

08/21/2015 – Luxottica Group, S.p.A. was downgraded to “sell” by analysts at Goldman Sachs.

05/12/2015 – Luxottica Group, S.p.A. was upgraded to “buy” by analysts at Zacks. They now have a USD 74 price target on the stock.

02/02/2015 – Luxottica Group, S.p.A. was downgraded to “neutral” by analysts at HSBC.

01/23/2015 – Luxottica Group, S.p.A. was downgraded to “hold” by analysts at Berenberg Bank.

11/25/2014 – Luxottica Group, S.p.A. was upgraded to “buy” by analysts at Nomura.

10/24/2014 – Luxottica Group, S.p.A. was upgraded to “neutral” by analysts at BNP Paribas.

10/13/2014 – Luxottica Group, S.p.A. was downgraded to “neutral” by analysts at Citigroup.

Luxottica Group, S.p.A. has a 50 day moving average of 47.61 and a 200 day moving average of 50.65. The stock’s market capitalization is 22.40B, it has a 52-week low of 44.85 and a 52-week high of 72.55.

The share price of the company (NYSE:LUX) was up +2.17% during the last trading session, with a high of 46.99 and the volume of Luxottica Group, S.p.A. shares traded was 134874.

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. The Company operates its retail segment principally through its retail brands, which include LensCrafters, Sunglass Hut, Pearle Vision, ILORI, The Optical Shop of Aspen, GMO, OPSM, Laubman & Pank, Oakley O Stores and Vaults, David Clulow, and its retail licensed brands, Sears Optical and Target Optical. The Company’s wholesale distribution network covers over 150 countries across five continents and has approximately 50 commercial subsidiaries.