LVMH Moet Hennessy Louis Vuitton (MC) Given a €281.00 Price Target at Societe Generale

LVMH Moet Hennessy Louis Vuitton (EPA:MC) received a €281.00 ($346.91) target price from research analysts at Societe Generale in a research note issued on Monday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s target price suggests a potential upside of 16.19% from the company’s current price.

A number of other equities research analysts also recently weighed in on MC. S&P Global set a €270.00 ($333.33) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research report on Friday, January 26th. Royal Bank of Canada set a €265.00 ($327.16) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Friday. Barclays set a €245.00 ($302.47) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research report on Friday, January 26th. Deutsche Bank set a €270.00 ($333.33) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “neutral” rating in a research report on Monday, January 29th. Finally, JPMorgan Chase & Co. set a €260.00 ($320.99) target price on LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Friday, January 26th. Four research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. LVMH Moet Hennessy Louis Vuitton currently has a consensus rating of “Buy” and an average target price of €262.12 ($323.60).

LVMH Moet Hennessy Louis Vuitton (EPA:MC) traded up €6.95 ($8.58) during mid-day trading on Monday, reaching €241.85 ($298.58). The company had a trading volume of 973,509 shares, compared to its average volume of 707,638. LVMH Moet Hennessy Louis Vuitton has a fifty-two week low of €184.20 ($227.41) and a fifty-two week high of €260.55 ($321.67). The firm has a market capitalization of $122,610.00 and a P/E ratio of 23.76.

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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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