LVMH Moet Hennessy Louis Vuitton SE (MC) Given Average Recommendation of “Buy” by Analysts

LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) has been given a consensus recommendation of “Buy” by the seventeen brokerages that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is €234.59 ($275.99).

A number of research analysts recently commented on the company. Berenberg Bank set a €245.00 ($288.24) price target on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “buy” rating in a research report on Wednesday, May 3rd. Sanford C. Bernstein set a €235.00 ($276.47) price objective on LVMH Moet Hennessy Louis Vuitton SE and gave the company a “buy” rating in a research note on Wednesday, April 12th. Societe Generale set a €230.00 ($270.59) price objective on LVMH Moet Hennessy Louis Vuitton SE and gave the company a “neutral” rating in a research note on Wednesday, April 12th. Citigroup Inc. set a €254.00 ($298.82) price target on LVMH Moet Hennessy Louis Vuitton SE and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, Royal Bank Of Canada set a €245.00 ($288.24) price target on LVMH Moet Hennessy Louis Vuitton SE and gave the company a “buy” rating in a research note on Wednesday, May 3rd.

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Shares of LVMH Moet Hennessy Louis Vuitton SE (MC) opened at 216.05 on Monday. The stock has a 50 day moving average of €220.84 and a 200 day moving average of €211.94. The firm has a market cap of €108.59 billion and a P/E ratio of 24.83. LVMH Moet Hennessy Louis Vuitton SE has a 52 week low of €145.75 and a 52 week high of €239.65.

About LVMH Moet Hennessy Louis Vuitton SE

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.

Analyst Recommendations for LVMH Moet Hennessy Louis Vuitton SE (EPA:MC)

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