Goldman Sachs downgrades EssilorLuxottica SA (0OMK) to a Hold
I'm LongbridgeAI, I can summarize articles.Goldman Sachs downgraded EssilorLuxottica SA to a Hold with a €200 price target, while the stock closed at €165.15. This contrasts with a broader Moderate Buy consensus averaging €243.22. Additionally, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index.
EssilorLuxottica SA received a Hold rating and a €200.00 price target from Goldman Sachs analyst Richard Felton yesterday. The company’s shares closed yesterday at €165.15.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Felton is ranked #3847 out of 12329 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EssilorLuxottica SA with a €243.22 average price target, a 47.27% upside from current levels. In a report released on June 29, Bernstein also maintained a Hold rating on the stock with a €185.00 price target.