Bryan Garnier & Cie Reiterates Neutral on LVMH Moet Hennessy Louis Vuitton SA (MC)
LVMH Moet Hennessy Louis Vuitton SA (EPA: MC)‘s stock had its “neutral” rating reaffirmed by research analysts at Bryan Garnier & Cie in a report released on Friday. They currently have a $181.82 (€140) target price on the stock.
Shares of LVMH Moet Hennessy Louis Vuitton SA traded up 0.51% during mid-day trading on Friday, hitting €129.25. LVMH Moet Hennessy Louis Vuitton SA has a 52 week low of €103.20 and a 52 week high of €136.80. The company has a market cap of €64.500 billion and a P/E ratio of 18.76.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Thursday. They now have a $202.60 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Wednesday, October 17th. They now have a $173.68 price target on the stock.
LVMH Moet Hennessy Louis Vuitton SA (LVMH) is a France-based luxury goods company. It owns a portfolio of luxury brands and its business activities are divided into five business groups: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, and Selective Retailing.
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