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Barclays Reaffirms Their Hold Rating on LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Sat Mar 28, 6:09AM CDT

In a report released today, Carole Madjo from Barclays maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton, with a price target of €570.00.

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According to TipRanks, Madjo is a 2-star analyst with an average return of 0.6% and a 47.21% success rate. Madjo covers the Consumer Cyclical sector, focusing on stocks such as Salvatore Ferragamo S.p.A., The Swatch Group, and Burberry.

In addition to Barclays, LVMH Moet Hennessy Louis Vuitton also received a Hold from TipRanks – Google’s Google Consumer Cyclical GB in a report issued today. However, on the same day, TipRanks – PerPlexity reiterated a Buy rating on LVMH Moet Hennessy Louis Vuitton (LSE: 0HAU).

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Based on LVMH Moet Hennessy Louis Vuitton’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €41 billion and a net profit of €5.18 billion. In comparison, last year the company earned a revenue of €43.01 billion and had a net profit of €5.28 billion

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