LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) receives consensus rating of “moderate buy” from analysts

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS: LVMUY – Get Rating) has received an average recommendation of “moderate buy” from the ten brokerages that currently cover the business, reports Marketbeat Ratings. One analyst rated the stock with a hold recommendation and six gave the company a buy recommendation. The 12-month average target price among brokers who have issued ratings on the stock over the past year is $768.57.

A number of brokerages have recently commented on LVMUY. Barclays raised its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($840.00) to €845.00 ($845.00) and gave the company an “overweight” rating in a Monday, October 17 research report. HSBC downgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a Thursday, September 1 research report. Berenberg Bank lowered its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($840.00) to €710.00 ($710.00) and set a “buy” rating for the company in a Tuesday, September 6 research report. Societe Generale raised its target price on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €850.00 ($850.00) to €862.00 ($862.00) and assigned the company a “buy” rating. in a Wednesday, October 12 research report. Finally, Royal Bank of Canada raised its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €715.00 ($715.00) to €720.00 ($720.00) in a research report Wednesday, October 12.

LVMH Moët Hennessy – Louis Vuitton, European Company Stock Up 4.9%

Shares of LVMUY opened at $146.98 on Monday. The stock has a 50-day moving average of $125.98 and a 200-day moving average of $126.69. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12-month low of $112.04 and a 12-month high of $171.91.

LVMH Moët Hennessy – Louis Vuitton, European Company Company profile

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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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