Richemont stock slips as UBS lifts its target price

Published on 09/08/2026 at 17:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Richemont stock is under pressure in Zurich while UBS raised its target price to CHF 181 after solid annual results.

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Richemont stock (CH0045159024) traded at CHF 184.15 on September 8, 2026, down 0.7 percent, after opening at CHF 185.50 and touching an intraday low of CHF 182.85.

UBS raised the bar

UBS kept its buy rating and raised its target price from CHF 171 to CHF 181, a 5.8 percent increase, after Richemont published solid annual results. The new target still sits below the last traded price on September 8, 2026, which leaves the stock above the broker's valuation level.

That gap matters because the move came despite a 52-week high of CHF 202.20 reached on August 11, 2026, while the 52-week low was CHF 127.20 on March 23, 2026. The stock also changed hands 206,078 times by 4:28 PM on September 8, 2026, a sign that the market stayed active even as the price eased.

Results still set the tone

Richemont's annual results remain the key operating reference in the current debate, and the MarketScreener summary tied UBS's view to those figures and to better-than-expected sales growth in Q4. The latest market move suggests investors are weighing that upbeat year-end message against the stock's strong run into August.

For investors, the combination of a CHF 184.15 share price, a CHF 202.20 yearly peak and a new CHF 181 target keeps valuation at the center of the story.

Jewelry keeps its edge

The broker note said the jewelry category continued to outperform despite persistent luxury fatigue across peers. That makes jewelry the product line to watch, because Richemont's recent annual print was strong enough for UBS to keep the buy call while still trimming the upside gap to 9 percent.

Price and trading view

At CHF 184.15 as of September 8, 2026, Richemont stock was trading 0.7 percent lower on SIX Swiss Exchange. The latest quote leaves the shares between the 52-week low of CHF 127.20 and the 52-week high of CHF 202.20.