2022 EPS estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne reduced by Telsey Advisory Group (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS: LVMUY – Get Rating) – Telsey Advisory Group research analysts have cut their FY2022 EPS estimates for LVMH Moët Hennessy – Louis Vuitton, Société Européenne shares in a research note published on Thursday October 6th. Telsey Advisory Group analyst D. Telsey now expects the company to post earnings per share of $5.56 for the year, down from its previous estimate of $5.67. The consensus estimate of the current annual profit of LVMH Moët Hennessy – Louis Vuitton, Société Européenne is 5.74 dollars per share. Telsey Advisory Group also released estimates for LVMH Moët Hennessy – Louis Vuitton, the European Company’s profit for the fiscal year 2023 at $6.26 EPS.

LVMUY has been the subject of several other research reports. Barclays raised its price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €825.00 ($841.84) to €840.00 ($857.14) in a Tuesday 13 research note. september. Kepler Capital Markets upgraded the shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a Tuesday, June 14 research note. Berenberg Bank lowered its price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($857.14) to €710.00 ($724.49) and set a “buy” rating. on the action in a Tuesday, September 6 research note. Finally, HSBC upgraded the shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a report on Thursday, September 1. Two equity research analysts gave the stock a hold rating and eight gave the stock a buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “moderate buy” and an average target price of $786.86.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock down 3.5%

LVMUY stock opened at $119.75 on Monday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $112.04 and a fifty-two week high of $171.91. The company’s 50-day simple moving average is $131.12 and its 200-day simple moving average is $128.66.

About LVMH Moët Hennessy – Louis Vuitton, European Company

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LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines and spirits under Clos des Lambrays, Château d’Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cap Mentelle , Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19 and Volcan de mi Tierra.

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History and earnings estimates of LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS: LVMUY)

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