Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) have received an average recommendation of “Buy” from the ten ratings firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and four have given a strong buy rating to the company.
Separately, DZ Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th.
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LVMH-Moet Hennessy Louis Vuitton Stock Down 1.6%
LVMH-Moet Hennessy Louis Vuitton Company Profile
LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.
The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.
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