RBC keeps CHF 220 target for Richemont stock

Published on 10/26/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter sales rose 20.00 percent. Richemont stock costs EUR 175.90 on October 26, 2026, 0.93 percent below its Xetra close.

Analyst target and company growth

RBC kept its CHF 220.00 target on October 20, 2026.
First-quarter sales reached EUR 6.33 billion after 20.00 percent growth.
Richemont stock trades at EUR 175.90 at 10:19 a.m. CEST at Lang & Schwarz on October 26, 2026, 0.93 percent below the Xetra close of October 23, 2026.
Market capitalization stood at CHF 86.8 billion as of October 26, 2026.

Extreme Nahaufnahme eines mechanischen Uhrwerks mit goldenen Zahnrädern und Rubinlagern — Makroaufnahme eines Uhrwerks illustriert Präzisionshandwerk von Cie Financière Richemont, ISIN CH0210483332, Schweizer Uhrenindustrie, Illustration mit AI erstellt.

Richemont (ISIN CH0210483332) is covered by RBC at Outperform with a CHF 220.00 price target that the bank kept in a study dated October 20, 2026, according to FinanzNachrichten. At Lang & Schwarz, Richemont stock was trading at EUR 175.90 on October 26, 2026 at 10:19 a.m. CEST, 0.93 percent below the Xetra close of October 23, 2026 at EUR 177.55.

RBC target and first-half setup

RBC expects organic sales growth of 15.60 percent and an EBIT margin of 23.00 percent for Richemont's first half, according to the October 20 study. The growth estimate matches consensus, while the margin estimate stands slightly above the average expectation, FinanzNachrichten reports.

The operating picture gives the target a clear test. Richemont reported first-quarter fiscal 2027 sales of EUR 6.33 billion, up 20.00 percent at constant exchange rates, with jewelry sales rising 24.00 percent worldwide, according to finews. Specialist watchmakers remained the counter-factor because sales in mainland China, Hong Kong and Macau declined.

What does CHF 220 mean for valuation?

The target points to a substantial gap from the CHF 162.50 last price on the SIX exchange at 11:10 a.m. CEST on October 26, 2026. Using those two Swiss-franc values, CHF 220.00 lies 35.38 percent above the SIX price. The comparison matters because jewelry is carrying the growth profile while watches still face regional pressure.

Three dates define the setup

Richemont's recent chronology starts with May 22, 2026, when fiscal 2026 sales reached EUR 22.4 billion. On July 15, 2026, the company reported first-quarter sales growth of 20.00 percent at constant rates. On October 20, 2026, RBC kept its CHF 220.00 target and Outperform rating. The company documents these results and releases on its investor page, Richemont states.

Results date approaches

Richemont's next substantiated event is its first-half fiscal 2027 results on November 13, 2026, according to finews.

Stock price stays below Xetra close

The current euro quotation leaves Richemont 0.93 percent below the Xetra close of October 23, 2026. Its Swiss market capitalization stood at CHF 86.8 billion as of October 26, 2026, while fiscal 2026 operating profit was EUR 4.5 billion, according to the company's investor information.

Richemont was trading at EUR 175.90 at Lang & Schwarz on October 26, 2026 at 10:19 a.m. CEST, 0.93 percent below the Xetra close of October 23, 2026 at EUR 177.55. The further course of trading is shown by the continuously updated real-time quote of Richemont stock.