JPMorgan Chase & Co. Reiterates “Buy” Rating for LVMH-Moet Hennessy Louis Vuitton SA (LVMUY)
LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY)‘s stock had its “buy” rating reiterated by analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday.
A number of other brokerages have also recently commented on LVMUY. Citigroup Inc. reissued a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Monday, September 12th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Wednesday, July 27th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy”.
Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) traded up 1.151% during midday trading on Tuesday, reaching $36.465. 55,172 shares of the company’s stock were exchanged. The company has a market cap of $91.76 billion, a price-to-earnings ratio of 22.297 and a beta of 1.34. The stock’s 50 day moving average price is $34.35 and its 200 day moving average price is $33.14. LVMH-Moet Hennessy Louis Vuitton SA has a 12-month low of $28.64 and a 12-month high of $37.83.
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LVMH-Moet Hennessy Louis Vuitton SA Company Profile
LVMH Moet Hennessy Louis Vuitton SA (LVMH) is a luxury goods company. The business activities of the Company are divided into five business groups: Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry, and Selective Retailing. The activities of the wines and spirits sector include the Champagne and Wines branch, and the Cognac and Spirits branch.
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