RBC Capital Sticks to Its Hold Rating for EssilorLuxottica SA (0OMK)


RBC Capital Sticks to Its Hold Rating for EssilorLuxottica SA (0OMK)

According to TipRanks, Dadhania is an analyst with an average return of -4.6% and a 40.00% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EssilorLuxottica SA with a €213.29 average price target.

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EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command around 15% of the fragmented global eyewear market. The combined company has a broad geographical presence, with around 24% of sales in Europe, 53% in the North America, and the rest in Asia and Latin America.

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