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

LuxExperience B.V. – Sponsored ADR (NYSE:LUXE) has earned an average rating of “Hold” from the six research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $9.50.

LUXE has been the topic of several recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of LuxExperience B.V. from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. TD Cowen cut their price objective on LuxExperience B.V. from $12.00 to $8.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Weiss Ratings downgraded LuxExperience B.V. from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 2nd. Finally, Wall Street Zen lowered shares of LuxExperience B.V. from a “sell” rating to a “strong sell” rating in a report on Monday, May 18th.

LuxExperience B.V. Price Performance

LuxExperience B.V. stock opened at $8.21 on Wednesday. The firm has a market cap of $704.03 million, a PE ratio of 2.01 and a beta of 1.07. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.33 and a quick ratio of 0.81. The stock’s fifty day moving average price is $7.55 and its two-hundred day moving average price is $8.24. LuxExperience B.V. has a one year low of $6.54 and a one year high of $11.38.

Hedge Funds Weigh In On LuxExperience B.V.

Several institutional investors have recently added to or reduced their stakes in LUXE. GAMMA Investing LLC acquired a new stake in shares of LuxExperience B.V. during the 4th quarter worth approximately $26,000. Larson Financial Group LLC acquired a new position in shares of LuxExperience B.V. during the 4th quarter valued at $52,000. HRT Financial LP acquired a new position in shares of LuxExperience B.V. during the 4th quarter valued at $114,000. XTX Topco Ltd bought a new position in LuxExperience B.V. during the fourth quarter worth $125,000. Finally, Americana Partners LLC bought a new position in LuxExperience B.V. during the fourth quarter worth $127,000. 10.07% of the stock is owned by institutional investors and hedge funds.

LuxExperience B.V. Company Profile

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.