LVMH Moet Hennessy Louis Vuitton (MC) Given a €255.00 Price Target by JPMorgan Chase & Co. Analysts

LVMH Moet Hennessy Louis Vuitton (EPA:MC) has been assigned a €255.00 ($314.81) price objective by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday, January 11th. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 2.86% from the company’s current price.

Several other equities research analysts have also recently issued reports on MC. UBS Group set a €242.00 ($298.77) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Monday, September 18th. Morgan Stanley set a €255.00 ($314.81) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Deutsche Bank set a €240.00 ($296.30) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Monday, October 2nd. Berenberg Bank set a €255.00 ($314.81) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Finally, Barclays set a €245.00 ($302.47) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “neutral” rating in a research note on Tuesday, October 3rd. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of €260.71 ($321.86).

Shares of LVMH Moet Hennessy Louis Vuitton (EPA MC) traded down €4.25 ($5.25) during mid-day trading on Thursday, reaching €247.90 ($306.05). The company’s stock had a trading volume of 719,341 shares, compared to its average volume of 583,370. The stock has a market capitalization of $125,680.00 and a P/E ratio of 24.35. LVMH Moet Hennessy Louis Vuitton has a 52 week low of €181.95 ($224.63) and a 52 week high of €260.55 ($321.67).

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About LVMH Moet Hennessy Louis Vuitton

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.

Analyst Recommendations for LVMH Moet Hennessy Louis Vuitton (EPA:MC)

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