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Investing.com - Bernstein SocGen Group has raised its price target on Brunello Cucinelli SpA (BIT:BC) to EUR121.00 from EUR119.00 while maintaining an Outperform rating.
The luxury fashion house reported third-quarter 2025 organic growth of 12.4% and confirmed its guidance of 10% growth for both fiscal years 2025 and 2026.
Bernstein maintains its fiscal year 2025 forecast of 11.4% organic growth but revised its foreign exchange expectations to -1%, reflecting the impact of hedging in the first nine months of 2025.
The firm’s analysts noted several upcoming events in the fourth quarter of 2025 that should boost brand visibility, including the BFC award, a movie premiere, and the takeover of Harrods, supporting continued double-digit growth.
Despite adjusting its financial projections, including lowering net financial results to negative EUR28 million and adjusting net minorities upwards to negative EUR7 million, Bernstein’s earnings per share forecast of EUR2.09 remains 3.7% above consensus estimates.
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