Analysis-Versace would widen Prada’s reach but fixes could hit short-term profits By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
0mins
Source: Investing.com
Prada's Acquisition of Versace: Prada is considering acquiring Versace for approximately 1.5 billion euros, aiming to enhance its market presence and diversify its brand portfolio, despite Versace's current operational losses and the need for significant restructuring.
Challenges and Potential: Analysts suggest that while turning around Versace could take years due to mismanagement and a need for strategic changes, the acquisition could ultimately provide Prada with new customer segments and reduce business cyclicality in fashion.
Analyst Views on CPRI
Wall Street analysts forecast CPRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPRI is 26.73 USD with a low forecast of 22.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
6 Buy
9 Hold
0 Sell
Moderate Buy
Current: 25.250
Low
22.00
Averages
26.73
High
32.00
Current: 25.250
Low
22.00
Averages
26.73
High
32.00
About CPRI
Capri Holdings Limited is a global fashion luxury company, consisting of brands, such as Michael Kors and Jimmy Choo. Its Michael Kors segment includes the sale of Michael Kors products through four primary Michael Kors retail formats: Collection stores, Lifestyle stores (including concessions), outlet stores and e-commerce sites, through which it sells Michael Kors products, as well as licensed products bearing the Michael Kors name, directly to consumers throughout the Americas, certain parts of EMEA and certain parts of Asia. It also sells Michael Kors products directly to department stores, primarily located across the Americas and Europe, to specialty stores and travel retail shops, and to its geographic licensees. Its Jimmy Choo segment includes the sale of Jimmy Choo luxury footwear, handbags and small leather goods through directly operated Jimmy Choo retail and outlet stores throughout the Americas, certain parts of EMEA and certain parts of Asia, through its e-commerce sites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
