Goldman Sachs Group Analysts Give LVMH Moet Hennessy Louis Vuitton (MC) a €277.00 Price Target

LVMH Moet Hennessy Louis Vuitton (EPA:MC) has been given a €277.00 ($329.76) target price by research analysts at Goldman Sachs Group in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 9.96% from the company’s current price.

A number of other analysts have also weighed in on MC. Barclays set a €245.00 ($291.67) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “neutral” rating in a research note on Tuesday, October 10th. Deutsche Bank set a €240.00 ($285.71) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Monday, October 2nd. Morgan Stanley set a €255.00 ($303.57) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Tuesday, October 10th. Berenberg Bank set a €270.00 ($321.43) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Tuesday, January 9th. Finally, UBS Group set a €255.00 ($303.57) price objective on LVMH Moet Hennessy Louis Vuitton and gave the company a “buy” rating in a research note on Friday, October 6th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of €256.39 ($305.22).

Shares of LVMH Moet Hennessy Louis Vuitton (MC) traded up €11.75 ($13.99) on Friday, reaching €251.90 ($299.88). The company’s stock had a trading volume of 1,260,000 shares, compared to its average volume of 564,284. The stock has a market capitalization of $127,720.00 and a price-to-earnings ratio of 28.95. LVMH Moet Hennessy Louis Vuitton has a 1-year low of €181.95 ($216.61) and a 1-year high of €260.55 ($310.18).

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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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