Barclays Reaffirms Their Buy Rating on EssilorLuxottica SA (0OMK)
In a report released today, Hassan Al-Wakeel from Barclays maintained a Buy rating on EssilorLuxottica SA, with a price target of €320.00.
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According to TipRanks, Al-Wakeel is an analyst with an average return of -1.6% and a 43.88% success rate.
In addition to Barclays, EssilorLuxottica SA also received a Buy from Jefferies’s Julien Dormois in a report issued yesterday. However, on the same day, TipRanks – xAI downgraded EssilorLuxottica SA (LSE: 0OMK) to a Hold.
Based on EssilorLuxottica SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €14.47 billion and a net profit of €928 million. In comparison, last year the company earned a revenue of €13.22 billion and had a net profit of €993 million
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