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Jefferies Reaffirms Their Hold Rating on LVMH Moet Hennessy Louis Vuitton (0HAU)

Tipranks - Tipranks - Wed Oct 14, 5:02AM CDT

Jefferies analyst James Grzinic maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton today and set a price target of €415.00.

According to TipRanks, Grzinic is ranked #2725 out of 12448 analysts.

In addition to Jefferies, LVMH Moet Hennessy Louis Vuitton also received a Hold from J.P. Morgan’s Chiara Battistini in a report issued today. However, on October 7, Telsey Advisory 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 June 30, the company reported a quarterly revenue of €38.64 billion and a net profit of €5.7 billion. In comparison, last year the company earned a revenue of €39.81 billion and had a net profit of €5.7 billion

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