LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Rating of “Buy” from Analysts

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has been given an average recommendation of “Buy” by the seven research firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have given a strong buy recommendation to the company.

LVMUY has been the subject of a number of recent analyst reports. Citigroup raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Friday, October 11th. TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Finally, Berenberg Bank upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Wednesday, October 30th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Up 0.5 %

LVMUY stock opened at $123.22 on Friday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $120.03 and a twelve month high of $191.63. The stock has a 50-day simple moving average of $136.46 and a two-hundred day simple moving average of $148.02.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a $1.181 dividend. The ex-dividend date is Friday, November 29th.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.