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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has received an average recommendation of “Strong Buy” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company.

LVMUY has been the topic of a number of research reports. TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Thursday, October 10th. Citigroup raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. HSBC upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Bank of America upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a report on Thursday, January 16th. Finally, Berenberg Bank upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Wednesday, October 30th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

LVMUY opened at $154.35 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $119.56 and a 1 year high of $191.63. The stock’s 50 day simple moving average is $131.98 and its 200-day simple moving average is $137.60.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were given a dividend of $1.181 per share. The ex-dividend date of this dividend 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.