Ferragamo stock falls after Barclays cuts price target

Published on 09/22/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ferragamo stock closed at EUR 7.46 on September 21, 2026, after Barclays cut its target to EUR 6.50. JP Morgan kept a EUR 9.00 target.

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Ferragamo stock (ISIN IT0004712375) closed at EUR 7.46 on Borsa Italiana on September 21, 2026, down 1.9 percent from the previous close. The immediate catalyst was a Barclays price-target cut, while JP Morgan retained a more constructive valuation of EUR 9.00.

Barclays lowers its target

According to Ad Hoc News on September 21, 2026, Barclays reduced its Ferragamo price target to EUR 6.50 from EUR 6.60 and maintained an underweight recommendation. The EUR 0.10 reduction amounts to a 1.5 percent cut and places the target EUR 0.96 below the September 21 closing price.

The gap between the market price and Barclays target gives the latest move a clear valuation message: the bank sees downside of about 12.9 percent from EUR 7.46 to EUR 6.50. That interpretation is tied to the cited target change, not to a new company filing.

Analysts disagree on value

The same September 21 report said JP Morgan confirmed a neutral rating with a EUR 9.00 target, compared with Ferragamo's prior close of EUR 8.33. The EUR 9.00 target is EUR 2.50 above Barclays' revised target, a spread of 38.5 percent that highlights the wide range of analyst assumptions around the brand's recovery.

According to Ad Hoc News on September 21, 2026, JP Morgan had cut its revenue estimates ahead of Ferragamo's third-quarter sales update scheduled for October 20, 2026. The report identified slower-than-expected demand recovery in China as a key risk for the luxury group.

Stock remains between targets

Ferragamo's September 21 price of EUR 7.46 stood EUR 0.96 above Barclays' EUR 6.50 target and EUR 1.54 below JP Morgan's EUR 9.00 target. For investors, the central issue is therefore the pace of revenue recovery rather than a single target revision.

The next dated operating checkpoint is the third-quarter sales update on October 20, 2026, as reported in the September 21 coverage. Until then, the stock's valuation remains exposed to both China demand and the differing assumptions reflected in the two targets.

Ferragamo stock closes at EUR 7.46

Ferragamo stock closed at EUR 7.46 on Borsa Italiana on September 21, 2026, after a 1.9 percent daily decline. Barclays' revised EUR 6.50 target and JP Morgan's EUR 9.00 target define the current valuation range.