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Berenberg Bank Reaffirms Their Hold Rating on LVMH Moet Hennessy Louis Vuitton SE (LVMUY)
In a report released yesterday, from Berenberg Bank maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton SE, with a price target of $132.00. The company’s shares closed yesterday at $114.19.
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Currently, the analyst consensus on LVMH Moet Hennessy Louis Vuitton SE is a Hold with an average price target of $377.63.
Based on LVMH Moet Hennessy Louis Vuitton SE’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $40.69 billion and a net profit of $5.14 billion. In comparison, last year the company earned a revenue of $43.01 billion and had a net profit of $5.28 billion
Read More on LVMUY:
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- LVMH price target lowered to EUR 600 from EUR 620 at Deutsche Bank
- LVMH reports Q1 organic revenue down 6% year-over-year
- LVMH price target lowered to EUR 600 from EUR 715 at Telsey Advisory
- LVMH price target lowered to EUR 620 from EUR 705 at Deutsche Bank
- Italy investigates LVMH’s Sephora, Benefit over marketing to children
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