Deutsche Bank Reiterates €270.00 Price Target for LVMH Moet Hennessy Louis Vuitton (MC)

LVMH Moet Hennessy Louis Vuitton (EPA:MC) has been assigned a €270.00 ($321.43) price target by analysts at Deutsche Bank in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 11.85% from the company’s current price.

A number of other equities analysts have also recently weighed in on MC. Kepler Capital Markets set a €280.00 ($333.33) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a report on Friday. Barclays set a €245.00 ($291.67) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a report on Tuesday, October 3rd. Sanford C. Bernstein set a €270.00 ($321.43) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a report on Monday, January 15th. Berenberg Bank set a €255.00 ($303.57) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a report on Tuesday, October 3rd. Finally, Societe Generale set a €272.00 ($323.81) price target on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a report on Friday, January 12th. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. LVMH Moet Hennessy Louis Vuitton currently has a consensus rating of “Buy” and a consensus target price of €254.72 ($303.24).

Shares of LVMH Moet Hennessy Louis Vuitton (EPA:MC) opened at €241.40 ($287.38) on Monday. The stock has a market capitalization of $122,390.00 and a price-to-earnings ratio of 27.75. LVMH Moet Hennessy Louis Vuitton has a twelve month low of €181.95 ($216.61) and a twelve month high of €260.55 ($310.18).

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LVMH Moet Hennessy Louis Vuitton Company Profile

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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