EssilorLuxottica: new wave of adjustments







Photo credit © EssilorLuxottica

(Boursier.com) — Second session of sharp decline for EssilorLuxottica which fell by 2% to 201.3 euros this weekend. Several analysts reviewed their copy on the file this morning like RBC Capital which raised its target from 195 to 200 euros while maintaining its ‘sector performance’ opinion. Morgan Stanley, for its part, revalued the file from 205 to 220 euros (‘overweight’) while Oddo BHF increased its objective from 204 to 225 euros with an opinion maintained at ‘outperform’. The analyst believes that the group’s structural growth outlook becomes more favorable thanks to dynamic management of the product portfolio and the creation of development opportunities in adjacent segments.


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