LVMH's Diversified Luxury Brand Portfolio is Recession Armor
LVMUY has been the subject of several other research reports. TD Cowen upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research report on Thursday, October 10th. Hsbc Global Res raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. HSBC raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "buy" rating in a research note on Monday, December 2nd. Citigroup raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research note on Friday, October 11th. Finally, Berenberg Bank raised shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".
Get Our Latest Stock Analysis on LVMUY
Shares of OTCMKTS:LVMUY traded down $3.37 during trading on Thursday, reaching $130.68. 309,058 shares of the company's stock traded hands, compared to its average volume of 351,587. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 12 month low of $119.56 and a 12 month high of $191.63. The company has a 50 day moving average of $128.99 and a 200-day moving average of $137.87.
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.
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