LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Consensus Rating of “Buy” by Analysts

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUYGet Rating) has been assigned a consensus rating of “Buy” from the thirteen analysts that are currently covering the firm, Marketbeat reports. Eleven equities research analysts have rated the stock with a buy recommendation. The average 12-month price objective among brokers that have covered the stock in the last year is $798.00.

Several equities research analysts recently weighed in on LVMUY shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €680.00 ($708.33) to €700.00 ($729.17) in a research report on Thursday, April 14th. Barclays lifted their target price on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €815.00 ($848.96) to €830.00 ($864.58) and gave the stock an “overweight” rating in a research report on Tuesday, May 3rd. Kepler Capital Markets raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Tuesday. Royal Bank of Canada lifted their target price on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €790.00 ($822.92) to €815.00 ($848.96) and gave the stock an “outperform” rating in a research report on Thursday, May 26th. Finally, Grupo Santander assumed coverage on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Friday, March 4th. They issued an “outperform” rating for the company.

LVMUY stock opened at $112.68 on Friday. The firm has a 50 day moving average price of $126.32 and a 200-day moving average price of $143.40. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52-week low of $112.04 and a 52-week high of $171.91. The company has a current ratio of 1.23, a quick ratio of 0.63 and a debt-to-equity ratio of 0.25.

The company also recently announced a dividend, which was paid on Friday, May 13th. Investors of record on Monday, April 25th were paid a dividend of $1.255 per share. This represents a dividend yield of 1.3%. The ex-dividend date was Friday, April 22nd.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile (Get Rating)

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

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Analyst Recommendations for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

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