Richemont stock: RBC keeps CHF 220.00 target for Richemont stock

Published on 10/21/2026 at 17:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies cut its target to CHF 200.00 on October 8, 2026. Richemont stock costs EUR 189.28 on October 21, 2026, down 0.34 percent on SIX.

Analyst targets and price

RBC maintained its CHF 220.00 target and Outperform rating on October 15, 2026.
Jefferies cut its target from CHF 220.00 to CHF 200.00 on October 8, 2026.
Richemont stock costs EUR 189.28 at Lang & Schwarz on October 21, 2026 at 5:04 p.m. CEST, down 0.34 percent on SIX.
FY26 sales were EUR 22.4 billion and operating profit was EUR 4.5 billion.

Modernes Glas- und Steingebäude mit Bergpanorama, gepflegtem Garten und Wasserbecken davor — Architektur-Render eines modernen Hauptsitzes repräsentiert Cie Financière Richemont, ISIN CH0210483332, Schweizer Konzernzentrale, Illustration mit AI erstellt.

Richemont (ISIN CH0210483332) traded at EUR 189.28 at Lang & Schwarz on October 21, 2026 at 5:04 p.m. CEST, while the SIX-listed share was down 0.34 percent at CHF 175.45. RBC maintained its Outperform rating and CHF 220.00 target on October 15, 2026, putting the target 25.39 percent above the SIX price.

Two targets point in different directions

The latest analyst view is supportive but not unanimous. RBC kept its CHF 220.00 target, while Jefferies cut its target from CHF 220.00 to CHF 200.00 on October 8, 2026 and retained its Buy rating. Jefferies cited slower organic growth but expected profitability to improve as currency and input-cost pressure eased.

Price remains below the yearly high

On SIX, Richemont last traded at CHF 175.45 on October 21, 2026 at 4:48 p.m. CEST, compared with a previous close of CHF 176.05. Its 52-week range was CHF 124.80 to CHF 202.10, leaving the share 13.19 percent below the high and 40.59 percent above the low. Trading volume was 97,604 shares at that time.

FY26 figures set the valuation frame

Richemont reported FY26 sales of EUR 22.4 billion, operating profit of EUR 4.5 billion and operating cash flow of EUR 4.9 billion. Net cash stood at EUR 8.5 billion, while direct sales to end clients accounted for 77 percent. These figures provide the operating backdrop for the differing analyst targets.

Comparison with peers

Richemont: down 0.34 percent, price-to-earnings ratio 32.01, market capitalization CHF 103.5 billion.

Hermes International: up 1.35 percent, price-to-earnings ratio 31.50, market capitalization EUR 141.7 billion.

LVMH: up 0.29 percent, price-to-earnings ratio 17.66, market capitalization EUR 191.2 billion.

Targets matter more than the daily move

The gap between the CHF 200.00 and CHF 220.00 targets leaves analyst expectations spread across a CHF 20.00 band. For investors, the key distinction is whether Richemont's recent sales momentum can translate into the profitability improvement cited by Jefferies.

Richemont was trading at EUR 189.28 at Lang & Schwarz on October 21, 2026 at 5:04 p.m. CEST, with the SIX share down 0.34 percent on the day at CHF 175.45.

The further course of trading is shown by the continuously updated real-time quote of Richemont stock.