LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Consensus Rating of “Strong Buy” by Brokerages

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have earned an average recommendation of “Strong Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a buy recommendation and four have issued a strong buy recommendation on the company.

A number of equities research analysts have recently weighed in on the company. Citigroup upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Friday, October 11th. HSBC upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Bank of America raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. TD Cowen raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Finally, Berenberg Bank raised shares of 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 Trading Up 1.2 %

Shares of LVMUY stock opened at $148.05 on Thursday. The firm’s 50 day moving average is $130.25 and its 200-day moving average is $137.41. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $119.56 and a 1 year high of $191.63.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were issued a $1.181 dividend. The ex-dividend date was 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.