LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Recommendation of “Strong Buy” from Analysts

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have been given a consensus rating of “Strong Buy” by the seven brokerages that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company.

A number of equities research analysts recently weighed in on LVMUY shares. Bank of America raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research report on Thursday, January 16th. 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. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. 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. 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.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 3.9 %

Shares of OTCMKTS:LVMUY opened at $149.06 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $119.56 and a fifty-two week high of $191.63. The firm has a 50-day simple moving average of $133.32 and a 200 day simple moving average of $137.43.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a $1.181 dividend. The ex-dividend date of this dividend was Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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.