LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) Given Average Recommendation of “Hold” by Brokerages

LuxExperience B.V. – Sponsored ADR (NYSE:LUXEGet Free Report) has been assigned a consensus recommendation of “Hold” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $9.50.

A number of equities research analysts have recently issued reports on the company. Weiss Ratings cut LuxExperience B.V. from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Wall Street Zen cut LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a research note on Monday, May 18th. JPMorgan Chase & Co. dropped their price objective on LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. Finally, TD Cowen dropped their price objective on LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th.

View Our Latest Report on LUXE

LuxExperience B.V. Trading Up 2.3%

NYSE LUXE opened at $7.19 on Tuesday. The stock has a market capitalization of $616.18 million, a price-to-earnings ratio of 1.76 and a beta of 1.16. The stock’s 50 day moving average price is $8.13 and its two-hundred day moving average price is $8.60. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.81 and a current ratio of 2.33. LuxExperience B.V. has a 52 week low of $6.54 and a 52 week high of $11.38.

Institutional Investors Weigh In On LuxExperience B.V.

A number of institutional investors and hedge funds have recently made changes to their positions in LUXE. Luxor Capital Group LP acquired a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $5,834,000. Capricorn Fund Managers Ltd acquired a new position in shares of LuxExperience B.V. during the 4th quarter worth approximately $6,303,000. SPX Gestao de Recursos Ltda acquired a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $3,178,000. Portolan Capital Management LLC acquired a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $13,271,000. Finally, Cannell Capital LLC acquired a new position in shares of LuxExperience B.V. during the 3rd quarter worth approximately $8,891,000. Institutional investors own 10.07% of the company’s stock.

LuxExperience B.V. Company Profile

(Get Free Report)

MYT Netherlands Parent B.V., through its subsidiary, Mytheresa Group GmbH, operates a luxury e-commerce platform for fashion consumers in Germany, the United States, the rest of Europe, and internationally. The company sells clothes, bags, shoes, accessories, and fine jewelry through online and retail stores. It serves high-income luxury consumers. The company was founded in 1987 and is based in Munich, Germany.

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Analyst Recommendations for LuxExperience B.V. (NYSE:LUXE)

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