Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) have been given an average recommendation of “Buy” by the nine analysts that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and five have assigned a strong buy rating to the company.
Several analysts recently weighed in on LVMUY shares. Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th.
View Our Latest Stock Report on LVMUY
LVMH-Moet Hennessy Louis Vuitton Stock Performance
LVMH-Moet Hennessy Louis Vuitton Company Profile
LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.
The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.
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