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EssilorLuxottica SA (0OMK) Gets a Buy from J.P. Morgan

Tipranks - Tipranks - Fri Feb 13, 9:06AM CST

In a report released today, Chiara Battistini from J.P. Morgan maintained a Buy rating on EssilorLuxottica SA, with a price target of €335.00.

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According to TipRanks, Battistini is a 4-star analyst with an average return of 10.3% and a 60.99% success rate. Battistini covers the Consumer Cyclical sector, focusing on stocks such as Compagnie Financiere Richemont SA, Hugo Boss, and Kering SA.

In addition to J.P. Morgan, EssilorLuxottica SA also received a Buy from Barclays’s Hassan Al-Wakeel in a report issued today. However, on the same day, Bernstein maintained a Hold rating on EssilorLuxottica SA (LSE: 0OMK).

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Based on EssilorLuxottica SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €14.02 billion and a net profit of €1.39 billion. In comparison, last year the company earned a revenue of €13.29 billion and had a net profit of €1.37 billion

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