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DBS Reaffirms Their Hold Rating on LVMH Moet Hennessy Louis Vuitton SE (LVMUY)

Tipranks - Tipranks - Tue Jan 27, 2:56AM CST

DBS analyst Mavis Hui maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton SE today and set a price target of €528.00.

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Hui covers the Consumer Cyclical sector, focusing on stocks such as Luk Fook Holdings (International), Galaxy Entertainment Group, and LVMH Moet Hennessy Louis Vuitton SE. According to TipRanks, Hui has an average return of 9.5% and a 56.91% success rate on recommended stocks.

Currently, the analyst consensus on LVMH Moet Hennessy Louis Vuitton SE is a Hold with an average price target of €526.57.

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Based on LVMH Moet Hennessy Louis Vuitton SE’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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