Barclays upgraded shares of Compagnie Financière Richemont (OTCMKTS:CFRUY – Free Report) to a strong-buy rating in a research note released on Tuesday morning, Zacks.com reports.
Compagnie Financière Richemont Stock Performance
Shares of OTCMKTS:CFRUY opened at $14.20 on Tuesday. Compagnie Financière Richemont has a 12 month low of $11.41 and a 12 month high of $16.91. The company’s fifty day simple moving average is $14.99 and its 200 day simple moving average is $15.22.
Compagnie Financière Richemont Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th will be issued a $0.1454 dividend. The ex-dividend date is Friday, September 20th.
Compagnie Financière Richemont Company Profile
Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.
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