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

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have earned a consensus recommendation of “Strong Buy” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a buy recommendation and four have issued a strong buy recommendation on the company.

LVMUY has been the subject of several recent research reports. Citigroup raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. 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 upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Berenberg Bank upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Wednesday, October 30th. Finally, Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a report on Thursday, January 16th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

LVMUY stock opened at $149.06 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $119.56 and a 12 month 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 company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were issued a dividend of $1.181 per share. The ex-dividend date of this dividend was Friday, November 29th.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

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.