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DZ BANK AG Sticks to Their Buy Rating for EssilorLuxottica SA (0OMK)

Tipranks - Tipranks - Fri Apr 24, 10:34PM CDT

DZ BANK AG analyst Aristotelis Moutopoulos maintained a Buy rating on EssilorLuxottica SA yesterday. The company’s shares closed last Wednesday at €191.80.

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According to TipRanks, Moutopoulos is a 2-star analyst with an average return of 0.0% and a 55.32% success rate.

EssilorLuxottica SA has an analyst consensus of Strong Buy, with a price target consensus of €300.20, which is a 56.52% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a €260.00 price target.

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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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