LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) has been given a consensus rating of “Buy” by the nine ratings firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and five have issued a strong buy rating on the company.
A number of analysts recently weighed in on the stock. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday. DZ Bank raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 29th.
Read Our Latest Analysis on LVMH-Moet Hennessy Louis Vuitton
LVMH-Moet Hennessy Louis Vuitton Trading Down 0.4%
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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