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 been given a consensus rating of “Strong Buy” by the seven research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a buy recommendation and five have assigned a strong buy recommendation to the company.

Several analysts have issued reports on the stock. Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. Kepler Capital Markets upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Up 20.4 %

Shares of LVMUY opened at $145.95 on Tuesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $106.48 and a twelve month high of $183.65. The business’s 50-day moving average price is $133.68 and its 200-day moving average price is $134.15.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 23rd will be issued a $1.6206 dividend. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.18. The ex-dividend date is Wednesday, April 23rd.

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.