RBC Capital Markets downgraded Luxottica (UNKNOWN:LUXTY) from Sector Perform to Underperform in a statement released earlier today.

Having a price of $56.31, Luxottica (UNKNOWN:LUXTY) traded -0.87% lower on the day. With the last close up 0.59% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Luxottica has recorded a 50-day average of $60.13 and a two hundred day average of $55.68. Volume of trade was down over the average, with 13,216 shares of LUXTY changing hands under the typical 61,847

RBC Capital Markets has downgraded Luxottica (UNKNOWN:LUXTY) from Sector Perform to Underperform in a statement released on 09/21/2017.

Performance Chart

With a total market value of $0, Luxottica has price-earnings ratio of 31.64 with a one year low of $44.85 and a one year high of $62.57 .

More About Luxottica (UNKNOWN:LUXTY)

Luxottica Group S.p.A. is a holding company. The Company is engaged in the design, manufacture and distribution of fashion, luxury, sport and performance eyewear. The Company operates through two segments: manufacturing and wholesale distribution, and retail distribution. Through its manufacturing and wholesale distribution operations, the Company is engaged in design, manufacturing, wholesale distribution and marketing of brands and designer lines of prescription frames and sunglasses, as well as of performance optics products. The Company operates its retail segment principally through its retail brands, which include LensCrafters, Sunglass Hut, Pearle Vision, ILORI, The Optical Shop of Aspen, GMO, OPSM, Laubman & Pank, Oakley O Stores and Vaults, David Clulow, and its retail licensed brands, Sears Optical and Target Optical. The Company’s wholesale distribution network covers over 150 countries across five continents and has approximately 50 commercial subsidiaries.

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