LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) has earned an average recommendation of “Buy” from the seventeen research firms that are covering the firm. Three analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is €177.12 ($196.80).

Several equities research analysts have recently weighed in on MC shares. Goldman Sachs Group Inc. set a €167.50 ($186.11) price objective on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “buy” rating in a research report on Friday, June 17th. Kepler Capital Markets set a €161.00 ($178.89) price objective on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “neutral” rating in a research report on Thursday, June 30th. JPMorgan Chase & Co. set a €165.00 ($183.33) target price on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “buy” rating in a research note on Friday, July 1st. Independent Research GmbH set a €170.00 ($188.89) target price on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “buy” rating in a research note on Wednesday, July 6th. Finally, Credit Suisse Group AG set a €160.00 ($177.78) target price on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a “buy” rating in a research note on Monday, July 11th.

Shares of LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) traded up 2.33% during midday trading on Friday, reaching €166.80. 1,069,083 shares of the company’s stock traded hands. The company has a 50 day moving average of €154.00 and a 200 day moving average of €148.02. LVMH Moet Hennessy Louis Vuitton SE has a 52-week low of €130.55 and a 52-week high of €174.30. The firm has a market cap of €83.95 billion and a PE ratio of 22.72.

About LVMH Moet Hennessy Louis Vuitton SE

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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