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LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Consensus Recommendation of "Strong Buy" by Brokerages

LVMH Moët Hennessy - Louis Vuitton, Société Européenne logo with Consumer Discretionary background

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) has been given a consensus rating of "Strong Buy" by the six research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a buy recommendation and four have given a strong buy recommendation to the company.

Several equities analysts have recently issued reports on the company. Hsbc Global Res upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research note on Monday. Berenberg Bank upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Wednesday, October 30th. Citigroup upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Friday, October 11th. HSBC upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "buy" rating in a research note on Monday. Finally, TD Cowen raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Thursday, October 10th.

Check Out Our Latest Stock Analysis on LVMUY

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Up 0.6 %

Shares of OTCMKTS LVMUY traded up $0.76 during mid-day trading on Wednesday, hitting $128.26. The company had a trading volume of 277,800 shares, compared to its average volume of 297,041. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 1-year low of $119.56 and a 1-year high of $191.63. The business's 50-day simple moving average is $133.58 and its 200 day simple moving average is $143.64.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be paid a dividend of $1.181 per share. The ex-dividend date of this dividend is Friday, November 29th.

About LVMH Moët Hennessy - Louis Vuitton, Société Européenne

(Get Free Report

LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.

Further Reading

Analyst Recommendations for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

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