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LVMH Moet Hennessy Louis Vuitton (0HAU) Gets a Buy from DZ BANK AG

Tipranks - Tipranks - Thu Apr 16, 10:46PM CDT

DZ BANK AG analyst Katharina Schmenger maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton yesterday. The company’s shares closed last Tuesday at €481.90.

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Schmenger covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, Nike, and Hermes International. According to TipRanks, Schmenger has an average return of -0.1% and a 41.94% success rate on recommended stocks.

In addition to DZ BANK AG, LVMH Moet Hennessy Louis Vuitton also received a Buy from Bernstein’s Luca Solca in a report issued on April 14. However, on the same day, TD Cowen maintained a Hold 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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