Deutsche Bank Reaffirms Their Buy Rating on LVMH Moet Hennessy Louis Vuitton (0HAU)
Deutsche Bank analyst Adam Cochrane maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton today and set a price target of €715.00.
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According to TipRanks, Cochrane is an analyst with an average return of -6.7% and a 35.50% success rate. Cochrane covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, Hermes International, and ASOS plc.
In addition to Deutsche Bank , LVMH Moet Hennessy Louis Vuitton also received a Buy from UBS’s Zuzanna Pusz in a report issued on November 27. However, on November 28, J.P. Morgan maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (LSE: 0HAU).
Based on LVMH Moet Hennessy Louis Vuitton’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €39.81 billion and a net profit of €5.7 billion. In comparison, last year the company earned a revenue of €41.68 billion and had a net profit of €7.27 billion
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