skip to content

Market News

Jimmy Choo upgraded by Liberum

15 June 2016 14:42

Liberum Capital has upgraded its recommendation on couture shoe and handbag designer Jimmy Choo (LON:CHOO) to buy from hold, saying that today's first-quarter update suggests the brand is showing resilience in a difficult market.

The broker pointed out that the shares are down 30 per cent since the beginning of the year and have fallen 20 per cent in the past 2 weeks, which it says suggests a crisis but added that, while others may be suffering, Choo is not and sees the shares as being oversold.

Analysts have left their forecasts and 135 pence a share target unchanged.

At 2:42pm: (LON:CHOO) Jimmy Choo Plc share price was +14.1p at 110.05p

Story provided by

Related Company: CHOO

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.