Zacks: LVMH Moet Hennessy Louis Vuitton SE (LVMUY) Given Average Recommendation of “Buy” by Brokerages
Shares of LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) have received an average broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.
Zacks has also given LVMH Moet Hennessy Louis Vuitton SE an industry rank of 196 out of 265 based on the ratings given to related companies.
Several research firms have weighed in on LVMUY. Berenberg Bank upgraded shares of LVMH Moet Hennessy Louis Vuitton SE from a “hold” rating to a “buy” rating in a research report on Monday, April 24th. Cowen and Company upgraded shares of LVMH Moet Hennessy Louis Vuitton SE from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 19th. Finally, Societe Generale downgraded shares of LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th.
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Shares of LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) traded up 0.59% during midday trading on Thursday, hitting $51.36. 95,403 shares of the stock traded hands. The firm has a market capitalization of $128.92 billion and a PE ratio of 29.84. The company’s 50-day moving average is $48.28 and its 200 day moving average is $41.57. LVMH Moet Hennessy Louis Vuitton SE has a 52 week low of $28.64 and a 52 week high of $52.72.
About LVMH Moet Hennessy Louis Vuitton SE
LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company 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.
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