Analysts Set LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) PT at $10.33

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has been given an average recommendation of “Hold” by the five brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $10.3333.

LUXE has been the topic of several recent research reports. Weiss Ratings restated a “hold (c-)” rating on shares of LuxExperience B.V. in a research report on Monday, December 29th. JPMorgan Chase & Co. lowered LuxExperience B.V. from an “overweight” rating to a “neutral” rating and set a $10.00 price target for the company. in a research report on Wednesday, February 18th. Zacks Research cut LuxExperience B.V. from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Jefferies Financial Group assumed coverage on LuxExperience B.V. in a research report on Wednesday, January 14th. They set a “hold” rating and a $9.00 price objective on the stock. Finally, B. Riley Financial assumed coverage on LuxExperience B.V. in a research note on Thursday, January 15th. They issued a “buy” rating and a $12.00 price objective for the company.

LuxExperience B.V. Stock Up 3.3%

LUXE stock opened at $7.89 on Thursday. LuxExperience B.V. has a 52 week low of $6.18 and a 52 week high of $11.38. The company has a market capitalization of $676.17 million, a price-to-earnings ratio of 1.83 and a beta of 1.08. The company’s fifty day simple moving average is $8.73. The company has a quick ratio of 0.83, a current ratio of 2.12 and a debt-to-equity ratio of 0.12.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of LuxExperience B.V. in the fourth quarter valued at $26,000. State of Wyoming bought a new stake in shares of LuxExperience B.V. in the 3rd quarter worth about $49,000. Larson Financial Group LLC purchased a new position in shares of LuxExperience B.V. during the 4th quarter worth about $52,000. HRT Financial LP bought a new position in LuxExperience B.V. during the 4th quarter valued at about $114,000. Finally, XTX Topco Ltd bought a new position in LuxExperience B.V. during the 4th quarter valued at about $125,000. Institutional investors own 10.07% of the company’s stock.

About LuxExperience B.V.

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.