DBS Sticks to Its Hold Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)
DBS analyst Mavis Hui maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton yesterday and set a price target of €502.00. The company’s shares closed yesterday at €480.95.
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According to TipRanks, Hui is a 3-star analyst with an average return of 2.1% and a 45.83% success rate. Hui covers the Consumer Cyclical sector, focusing on stocks such as Pop Mart International Group Limited, Prada SpA, and Midea Group Co. Ltd. Class H.
LVMH Moet Hennessy Louis Vuitton has an analyst consensus of Moderate Buy, with a price target consensus of €571.92, which is a 18.91% upside from current levels. In a report released on May 15, Morgan Stanley also maintained a Hold rating on the stock with a €540.00 price target.
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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- LVMH price target lowered to EUR 540 from EUR 565 at Morgan Stanley
- LVMH price target lowered to EUR 600 from EUR 620 at Deutsche Bank
- LVMH upgraded to Overweight from Equal Weight at Barclays
- LVMH price target lowered to EUR 606 from EUR 621 at Citi
- LVMH price target lowered to EUR 560 from EUR 570 at Berenberg
