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Compagnie Financière Richemont (JSE: CFR) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 2 Sep 2022

Compagnie Financière Richemont, commonly known simply as Richemont, is a luxury goods conglomerate company listed on the Johannesburg Stock Exchange (JSE) that owns a portfolio of international Maisons recognised for their distinctive heritage, craftsmanship, and creativity. The company’s interests include more than 20 of the most prestigious names and brands in the luxury industry, of which jewellery and watch brands make up 70% of sales.

Latest Compagnie Financière Richemont Share Price

The graph above shows the latest Compagnie Financière Richemont share price on the Johannesburg Stock Exchange. Investors have seen Compagnie Financière Richemont shares perform well historically, and it remains a steady investment. Compagnie Financière Richemont stock is live on the JSE under the stock symbol of CFR and is available to trade via various brokers in South Africa.

What is Compagnie Financière Richemont

Richemont operates in four primary business areas: Jewellery (Buccellati, Cartier, Van Cleef & Arpels), Specialist Watchmakers (A. Lange & Sohne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin), Online Distributors (Watchfinder & Co. and Yoox Net-A-Porter Group and Fashion and Accessories (Alaia, AZ Factory, Chloe, dunhill, Montblanc, Peter Millar, Purdey and Serapian).


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Compagnie Financière Richemont

Richemont A shares are listed on the SIX Swiss Exchange, its primary listing, and are included in the Swiss Market Index (SMI) of leading stocks.

The history of Compagnie Financière Richemont can be traced back to October 18, 2002 when Compagnie Financière Richemont SA was founded. Its predecessor was the Rembrandt Group.

Today, Compagnie Financière Richemont has a diversified portfolio of products and services in more sectors of the consumer goods value chain and provides the following products: accessories, writing instruments, clothing, and online luxury retail.

Compagnie Financière Richemont's equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol CFR.

Compagnie Financière Richemont has its headquarters at 50 chemin de la Chenaie, CP 30, 1293 Bellevue, Geneva, Switzerland.

Compagnie Financière Richemont has more than 35 660 employees and currently serves clients worldwide.

The current CEO of Compagnie Financière Richemont is Jérôme Lambert.

Compagnie Financière Richemont forms part of the Personal Goods Industry and the Consumer Goods Sector of the Johannesburg Stock Exchange (JSE).

Compagnie Financière Richemont

Compagnie Financière Richemont Stock Performance

The current price for Compagnie Financière Richemont stocks on the Johannesburg Stock Exchange (JSE) is 172.14 ZAR.

CFR stocks closed a recent trading day (18 October 2021) at 173.26 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 0.9% drop from its previous closing price of 174.80 ZAR.

An analysis of financial data of Compagnie Financière Richemont showed that the company has a total market capitalisation of 98.8 Billion ZAR, with a Price/Earning ratio of 39.09 and earnings per share of 4.4325 ZAR. The dividend per share of CFR was 3.07 ZAR and its dividend yield was 1.77%. A total of 574 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Compagnie Financière Richemont stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Compagnie Financière Richemont, analysts forecast further improved performance for the consumer goods sector with market share growing as trading volumes increase.

Highlights of Compagnie Financière Richemont in 2021

Compagnie Financière Richemont started the current financial year (2021) with a share price of 131.10 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 32.2 % in value on its price valuation, ranking 126th on the JSE where its year-to-date performance is concerned.

Compagnie Financière Richemont is currently the 23rd most-traded stock on the JSE and it has experienced a total trading volume of more than 227 million shares, which were finalised in 254,987 deals and were valued at a total of 37.8 billion ZAR over the recent three month period from 22 July to 17 October 2021, with an average of 3.6 million shares in each trading session.

During the same period a volume high of 17.7 million was achieved on 16 September and a low of 1.05 million on 27 August.

Shareholders can be optimistic about CFR since its stock has accrued 10% over a recent four-week period, the 97th best on JSE.

How to buy Compagnie Financière Richemont stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade Compagnie Financière Richemont stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “CFR”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.