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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has earned a consensus recommendation of “Strong Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a buy recommendation and four have assigned a strong buy recommendation to the company.

A number of analysts have recently commented on the company. Citigroup upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Friday, October 11th. TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Berenberg Bank raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Wednesday, October 30th. HSBC raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Finally, Hsbc Global Res raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Up 4.1 %

Shares of LVMUY stock opened at $133.80 on Wednesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $119.56 and a one year high of $191.63. The company has a 50 day moving average price of $132.43 and a 200 day moving average price of $142.88.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be paid a $1.181 dividend. The ex-dividend date is Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.