LuxExperience B.V. - Sponsored ADR (NYSE:LUXE) Given Average Recommendation of "Hold" by Brokerages

Shares of LuxExperience B.V. - Sponsored ADR (NYSE:LUXE - Get Free Report) have earned a consensus recommendation of "Hold" from the five ratings firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $10.00.

A number of research firms have weighed in on LUXE. B. Riley Financial began coverage on shares of LuxExperience B.V. in a research note on Thursday, January 15th. They issued a "buy" rating and a $12.00 target price on the stock. Zacks Research cut LuxExperience B.V. from a "hold" rating to a "strong sell" rating in a report on Monday, January 26th. Wall Street Zen lowered LuxExperience B.V. from a "sell" rating to a "strong sell" rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded LuxExperience B.V. from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. Finally, JPMorgan Chase & Co. cut their target price on LuxExperience B.V. from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Tuesday, April 14th.

Hedge Funds Weigh In On LuxExperience B.V.

A number of institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of LuxExperience B.V. in the 4th quarter valued at approximately $26,000. State of Wyoming acquired a new position in LuxExperience B.V. in the third quarter valued at approximately $49,000. Larson Financial Group LLC purchased a new position in LuxExperience B.V. in the fourth quarter worth approximately $52,000. HRT Financial LP purchased a new position in LuxExperience B.V. in the fourth quarter worth approximately $114,000. Finally, XTX Topco Ltd acquired a new stake in LuxExperience B.V. during the fourth quarter worth $125,000. 10.07% of the stock is owned by hedge funds and other institutional investors.

LuxExperience B.V. Stock Performance

LUXE opened at $8.67 on Friday. LuxExperience B.V. has a twelve month low of $7.00 and a twelve month high of $11.38. The firm has a market capitalization of $743.02 million, a PE ratio of 2.01 and a beta of 1.16. The company has a current ratio of 2.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. The firm's 50-day moving average price is $8.64 and its 200 day moving average price is $8.82.

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.

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