LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS: LVMUY) announces a dividend of $0.82

LVMH Moët Hennessy – Louis Vuitton, European Company (OTCMKTS: LVMUY – Get Rating) declared a dividend on Tuesday, November 22, investing.com reports. Investors of record on Wednesday, November 30 will receive a dividend of 0.8189 per share on Tuesday, December 20. This represents a return of 1.39%. The ex-dividend date is Tuesday, November 29.

LVMH Moët Hennessy – Louis Vuitton, European Company shares down 0.7%

OTCMKTS: LVMUY opened at $143.17 on Tuesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12-month low of $112.04 and a 12-month high of $171.91. The stock’s 50-day moving average price is $127.86 and its two-hundred-day moving average price is $127.40.

Analysts set new price targets

A number of stock analysts have weighed in on LVMUY shares recently. Royal Bank of Canada raised its price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €715.00 ($729.59) to €720.00 ($734.69) in a report from the Wednesday October 12. 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. Barclays raised its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($857.14) to €845.00 ($862.24) and gave the stock an “overweight” rating. in a Monday, October 17 report. Berenberg Bank lowered its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($857.14) to €710.00 ($724.49) and set a “buy” rating on the price. action in a research note on Tuesday, September 6. Finally, Societe Generale raised its target price on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €850.00 ($867.35) to €862.00 ($879.59) and assigned the stock a note “purchase” in a research note from Wednesday, October 12. One research analyst gave the stock a hold rating and seven gave the company a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $768.57.

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.

Further reading

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