LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) Given Consensus Rating of “Buy” by Brokerages

LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) Given Consensus Rating of “Buy” by Brokerages

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) has been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the stock. One research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts recently weighed in on LVMUY shares. J P Morgan Chase & Co restated a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a report on Wednesday, October 5th. Berenberg Bank initiated coverage on shares of LVMH-Moet Hennessy Louis Vuitton SA in a report on Thursday, October 13th. They set a “hold” rating on the stock.

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) traded down 4.192% during mid-day trading on Friday, hitting $39.885. 41,616 shares of the company traded hands. The firm has a market capitalization of $100.37 billion, a P/E ratio of 25.521 and a beta of 1.06. LVMH-Moet Hennessy Louis Vuitton SA has a one year low of $28.64 and a one year high of $40.80. The firm has a 50 day moving average of $37.95 and a 200 day moving average of $35.25.

About LVMH-Moet Hennessy Louis Vuitton SA

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company are divided into various business groups, including Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing, and other activities. It produces still and sparkling wines from various wine-growing regions.

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