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

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUYGet Free Report) have been assigned an average recommendation of “Strong Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a buy rating and four have given a strong buy rating to the company.

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

Read Our Latest Report on LVMUY

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne stock opened at $158.75 on Thursday. The company’s fifty day simple moving average is $131.98 and its 200-day simple moving average is $137.42. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $119.56 and a 1 year high of $191.63.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a $1.181 dividend. The ex-dividend date was Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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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.

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Analyst Recommendations for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

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