Zacks: LVMH Moet Hennessy Louis Vuitton SE (LVMUY) Given Consensus Recommendation of “Buy” by Analysts

Shares of LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) have received an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.

Zacks has also assigned LVMH Moet Hennessy Louis Vuitton SE an industry rank of 18 out of 265 based on the ratings given to related companies.

Several analysts have issued reports on LVMUY shares. Berenberg Bank upgraded shares of LVMH Moet Hennessy Louis Vuitton SE from a “hold” rating to a “buy” rating in a research report on Monday, April 24th. HSBC Holdings plc lowered shares of LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Societe Generale lowered shares of LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th. Finally, Cowen and Company upgraded shares of LVMH Moet Hennessy Louis Vuitton SE from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 19th.

Shares of LVMH Moet Hennessy Louis Vuitton SE (LVMUY) traded down 0.695% during midday trading on Tuesday, hitting $52.115. The company’s stock had a trading volume of 44,836 shares. The firm has a market cap of $130.97 billion and a P/E ratio of 25.756. LVMH Moet Hennessy Louis Vuitton SE has a 52-week low of $32.52 and a 52-week high of $52.72. The stock’s 50 day moving average is $50.90 and its 200-day moving average is $46.51.

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About LVMH Moet Hennessy Louis Vuitton SE

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.

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Analyst Recommendations for LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY)

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