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J.P. Morgan Sticks to Their Hold Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Tue Jun 23, 1:39AM CDT

J.P. Morgan analyst Chiara Battistini maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton today and set a price target of €580.00.

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According to TipRanks, Battistini is ranked #1649 out of 12258 analysts.

In addition to J.P. Morgan, LVMH Moet Hennessy Louis Vuitton also received a Hold from Jefferies’s James Grzinic in a report issued on June 17. However, on the same day, Bernstein maintained 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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