LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) Coverage Initiated by Analysts at Berenberg Bank
Research analysts at Berenberg Bank began coverage on shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) in a research report issued to clients and investors on Thursday, The Fly reports. The firm set a “hold” rating on the stock.
Several other analysts also recently weighed in on LVMUY. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Wednesday, July 27th. JPMorgan Chase & Co. reissued a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Tuesday. Finally, Citigroup Inc. reissued a “buy” rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a research note on Monday, September 12th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy”.
LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) opened at 36.22 on Thursday. The company’s 50-day moving average price is $34.40 and its 200 day moving average price is $33.19. The stock has a market capitalization of $91.15 billion, a P/E ratio of 22.15 and a beta of 1.34. LVMH-Moet Hennessy Louis Vuitton SA has a 52-week low of $28.64 and a 52-week high of $37.83.
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About LVMH-Moet Hennessy Louis Vuitton SA
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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