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RBC Capital Sticks to Its Buy Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Fri May 29, 2:04AM CDT

RBC Capital analyst Piral Dadhania maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton today and set a price target of €600.00.

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According to TipRanks, Dadhania is ranked #12066 out of 12214 analysts.

In addition to RBC Capital, LVMH Moet Hennessy Louis Vuitton also received a Buy from Bernstein’s Callum Elliott in a report issued on May 25. However, on May 15, Morgan Stanley 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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