A number of other analysts also recently issued reports on the company. Sanford C. Bernstein raised LVMH Moet Hennessy Louis Vuitton from a market perform rating to an outperform rating in a research report on Tuesday, August 6th. Evercore ISI raised LVMH Moet Hennessy Louis Vuitton to an outperform rating in a research report on Tuesday, October 29th. Finally, Zacks Investment Research raised LVMH Moet Hennessy Louis Vuitton from a sell rating to a hold rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of Buy and an average price target of $91.00.
LVMUY stock traded up $1.67 during midday trading on Friday, hitting $87.02. 125,387 shares of the company’s stock were exchanged, compared to its average volume of 85,960. The stock’s fifty day moving average price is $81.74 and its 200-day moving average price is $80.76. The company has a market cap of $215.69 billion, a PE ratio of 29.20, a price-to-earnings-growth ratio of 3.40 and a beta of 0.94. LVMH Moet Hennessy Louis Vuitton has a one year low of $54.36 and a one year high of $88.00.
LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Ao Yun, Ardbeg, Belvedere, Bodega Numanthia, Cape Mentelle, Chandon, Château Cheval Blanc, Château d'Yquem, Cheval des Andes, Clos des Lambrays, Clos19, Cloudy Bay, Dom Pérignon, Glenmorangie, Hennessy, Krug, Mercier, Moët & Chandon, Newton, Vineyard, Ruinart, Terrazas de los Andes, Veuve Clicquot, and Volcan de mi Tierra brands.
Recommended Story: Buy Rating
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