LVMH-Moet Hennessy Louis Vuitton SA’s (LVMUY) “Buy” Rating Reaffirmed at JPMorgan Chase & Co.
Other research analysts have also issued research reports about the stock. Citigroup Inc. reaffirmed a buy rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Monday, September 12th. Berenberg Bank assumed coverage on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research report on Thursday, October 13th. They issued a hold rating on the stock. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research report on Wednesday, July 27th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Buy.
LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) traded down 0.75% during midday trading on Thursday, reaching $34.96. 7,678 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $35.80 and its 200 day moving average is $33.63. LVMH-Moet Hennessy Louis Vuitton SA has a 1-year low of $28.64 and a 1-year high of $36.90. The stock has a market cap of $87.98 billion, a P/E ratio of 21.86 and a beta of 1.08.
LVMH-Moet Hennessy Louis Vuitton SA Company Profile
LVMH Moet Hennessy Louis Vuitton SA (LVMH) is a luxury goods company. The business activities of the Company are divided into five business groups: Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry, and Selective Retailing. The activities of the wines and spirits sector include the Champagne and Wines branch, and the Cognac and Spirits branch.
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