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Saudi PIF cuts ownership of US-listed stocks 22% to $43.6bn in Q1

RIYADH: Saudi Arabia’s Public Investment Fund has reduced its ownership of US equities by 22 percent to $43.6 billion by the end of the first quarter of 2022, against $55.9 billion it held a quarter earlier. PIF cut its stake in three companies —Visa Inc., Plug Power, and Walmart, Argaam reported, citing a filing by the US Securities and Exchange Commission. However, it
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Farfetch Ltd (NYSE:FTCH) Receives $39.21 Average PT from Analysts

Farfetch Ltd (NYSE:FTCH – Get Rating) has been given a consensus rating of “Buy” by the fifteen research firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price objective among brokers that have […]
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Critical Analysis: Farfetch (NYSE:FTCH) and Capita (OTCMKTS:CTAGY)

Capita (OTCMKTS:CTAGY – Get Rating) and Farfetch (NYSE:FTCH – Get Rating) are both business services companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, dividends, risk, institutional ownership, valuation, profitability and analyst recommendations. Earnings and Valuation This table compares Capita and Farfetch’s revenue, earnings […]
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Farfetch (NYSE:FTCH) versus ACV Auctions (NASDAQ:ACVA) Financial Contrast

ACV Auctions (NASDAQ:ACVA – Get Rating) and Farfetch (NYSE:FTCH – Get Rating) are both mid-cap retail/wholesale companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability and risk. Institutional and Insider Ownership 47.9% of ACV Auctions shares are […]
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Brokerages Set Farfetch Ltd (NYSE:FTCH) Price Target at $39.21

Farfetch Ltd (NYSE:FTCH – Get Rating) has earned an average recommendation of “Buy” from the fifteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokerages that […]
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Farfetch Ltd (NYSE:FTCH) Expected to Announce Quarterly Sales of $576.29 Million

Equities research analysts expect Farfetch Ltd (NYSE:FTCH – Get Rating) to report sales of $576.29 million for the current quarter, according to Zacks. Six analysts have provided estimates for Farfetch’s earnings, with the lowest sales estimate coming in at $524.49 million and the highest estimate coming in at $616.74 million. Farfetch reported sales of $485.08 […]
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