SEHK:1913Luxury
Is Prada (SEHK:1913) Pricing Look Stretched After Recent Share Price Rebound?
If you have been wondering whether Prada's current share price really reflects its quality as a luxury stock, the starting point is to compare what you pay with what you might reasonably be getting in return.
Prada's share price closed at HK$39.62, with the stock up 5.1% over the past week and 11.2% over the past month, even though the return since the start of the year is down 11.4% and the 1 year return is down 18.5%.
These mixed returns sit against a backdrop of ongoing interest in global...