Interparfums: 'top pick' with Berenberg still buying

(CercleFinance.com) - On Tuesday, Berenberg reiterated its buy recommendation and E52 target price for Interparfums shares, which it ranks as one of its "top picks" in the household and personal care products sector.


After a "generally positive" Q4 update, the analyst said that his opinion on the fragrance specialist remained favourable in view of the new products expected to support growth in 2025.

While 2024 was mainly marked by the integration of the Lacoste licence, but few launches amongst the group's main franchises, 2025 promises to be full of releases for Coach and Jimmy Choo, as well as for flagship brands such as Karl Lagerfeld and Rochas, the broker says.

Thanks to this, and to the group's strong exposure to the US, we consider the stock to be a 'top pick', Berenberg adds.


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