Royal Bank of Canada Analysts Give LVMH Moet Hennessy Louis Vuitton (MC) a €265.00 Price Target

LVMH Moet Hennessy Louis Vuitton (EPA:MC) has been given a €265.00 ($327.16) price target by equities research analysts at Royal Bank of Canada in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 12.81% from the company’s current price.

Other equities research analysts have also issued reports about the company. BNP Paribas set a €270.00 ($333.33) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Goldman Sachs Group set a €277.00 ($341.98) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research note on Friday, January 26th. Societe Generale set a €272.00 ($335.80) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research note on Friday, January 26th. Deutsche Bank set a €270.00 ($333.33) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research note on Monday, January 29th. Finally, S&P Global set a €255.00 ($314.81) price objective on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research note on Friday, October 13th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €261.59 ($322.95).

LVMH Moet Hennessy Louis Vuitton (MC) traded down €2.55 ($3.15) during trading hours on Friday, hitting €234.90 ($290.00). The stock had a trading volume of 1,220,000 shares, compared to its average volume of 653,412. The stock has a market cap of $119,090.00 and a price-to-earnings ratio of 23.07. LVMH Moet Hennessy Louis Vuitton has a 52-week low of €181.95 ($224.63) and a 52-week high of €260.55 ($321.67).

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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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