With the recent excitement of luxury brand IPOs more experts are predicting luxury stocks to rise. Citigroup has prepared a list of luxury stocks around the world projected to rise even higher. No doubt that the luxury industry is moving in the right direction.

We at MosnarCommunications.com were talking luxury PR when all others jumped ship but nice to have the attention back on the luxury sector and luxury stocks that are expected to do well.

Six luxury stocks Citigroup anticipates will rise:

1. Brown-Forman Corporation (BF-B): Market cap of $10.63B. Brown-Forman Corporation engages in manufacturing, bottling, importing, exporting, and marketing alcoholic beverages. Target price at $85 vs. current price at $74.63. Implies a potential upside of 13.89%. The stock has gained 21.36% over the last year.

2. Apple Inc. (AAPL): Market cap of $369.36B. Designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. Target price at $500 vs. current price at $401.36. Implies a potential upside of 24.58%. Might be undervalued at current levels, with a PEG ratio at 0.77, and P/FCF ratio at 12.28. The stock has gained 27.05% over the last year.

3. Estee Lauder Companies Inc. (EL): Market cap of $19.56B. Engages in the manufacture, marketing, and sale of skin care, makeup, fragrance, and hair care products worldwide. Target price at $112 vs. current price at $119.77. Implies a potential upside of -6.49%. Exhibiting strong upside momentum–currently trading 22.52% above its SMA20, 23.74% above its SMA50, and 23.28% above its SMA200. The stock has had a good month, gaining 15.39%.

4. Starwood Hotels & Resorts Worldwide Inc. (HOT): Market cap of $9.94B. Operates as a hotel and leisure company worldwide. Target price at $60 vs. current price at $51.32. Implies a potential upside of 16.91%. This is a risky stock that is significantly more volatile than the overall market (beta = 2.07). The stock has had a good month, gaining 31.16%.

5. Starbucks Corporation (SBUX): Market cap of $30.72B. Operates approximately 16,858 stores, including 8,833 company-operated stores and 8,025 licensed stores. Target price at $48 vs. current price at $41.29. Implies a potential upside of 16.25%. The stock has had a good month, gaining 10.55%.

6. Saks Incorporated (SKS):Market cap of $1.75B. Operates fashion retail stores in the United States. Target price at $13 vs. current price at $10.69. Implies a potential upside of 21.61%. This is a risky stock that is significantly more volatile than the overall market (beta = 2.5). The stock is a short squeeze candidate, with a short float at 32.21% (equivalent to 9.26 days of average volume). The stock has had a good month, gaining 23.45%.

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