LVMH Moet Hennessy Louis Vuitton SE (MC) Given Average Rating of “Buy” by Brokerages

Shares of LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) have received an average rating of “Buy” from the eighteen brokerages that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is €262.12 ($323.60).

A number of brokerages have commented on MC. JPMorgan Chase & Co. set a €260.00 ($320.99) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Friday, January 26th. S&P Global set a €270.00 ($333.33) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research note on Friday, January 26th. Berenberg Bank set a €270.00 ($333.33) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Friday, January 26th. Deutsche Bank set a €270.00 ($333.33) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research note on Monday, January 29th. Finally, Goldman Sachs set a €277.00 ($341.98) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Friday, January 26th.

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Shares of LVMH Moet Hennessy Louis Vuitton (MC) opened at €247.50 ($305.56) on Friday. LVMH Moet Hennessy Louis Vuitton has a 1-year low of €195.45 ($241.30) and a 1-year high of €260.55 ($321.67). The stock has a market cap of $125,480.00 and a price-to-earnings ratio of 24.31.

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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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