Published On: Sun, Sep 11th, 2016

LVMH Moet Hennessy Louis Vuitton SA (MC) PT Set at €173.00 by Goldman Sachs Group Inc.

LVMH Moet Hennessy Louis Vuitton SA (EPA:MC) has been given a €173.00 ($192.22) price objective by equities researchers at Goldman Sachs Group Inc. in a research report issued to clients and investors on Tuesday. The firm currently has a a “buy” rating on the stock.
Several other research firms also recently issued reports on MC. JPMorgan Chase & Co. set a €170.00 ($188.89) price objective on shares of LVMH Moet Hennessy Louis Vuitton SA and gave the stock a “buy” rating in a report on Tuesday, April 5th. Morgan Stanley set a €175.00 ($194.44) price objective on shares of LVMH Moet Hennessy Louis Vuitton SA and gave the stock a “buy” rating in a report on Thursday, April 7th. Credit Suisse Group AG set a €168.00 ($186.67) price objective on shares of LVMH Moet Hennessy Louis Vuitton SA and gave the stock a “buy” rating in a report on Wednesday, April 13th. BNP Paribas set a €180.00 ($200.00) price objective on shares of LVMH Moet Hennessy Louis Vuitton SA and gave the stock a “neutral” rating in a report on Friday, April 15th. Finally, Kepler Capital Markets set a €165.00 ($183.33) price objective on shares of LVMH Moet Hennessy Louis Vuitton SA and gave the stock a “neutral” rating in a report on Monday, April 25th. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of €173.75 ($193.06).
LVMH Moet Hennessy Louis Vuitton SA (EPA:MC) traded down 1.23% during midday trading on Tuesday, hitting €152.20. The stock had a trading volume of 659,465 shares. The company has a market cap of €76.60 billion and a PE ratio of 20.74. LVMH Moet Hennessy Louis Vuitton SA has a 52 week low of €130.55 and a 52 week high of €174.30. The stock’s 50 day moving average price is €153.42 and its 200-day moving average price is €147.97.

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About LVMH Moet Hennessy Louis Vuitton SA
LVMH Moet Hennessy Louis Vuitton SA (LVMH) is a luxury goods company. The business activities of the Company are divided into five business groups: Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry, and Selective Retailing. The activities of the wines and spirits sector include the Champagne and Wines branch, and the Cognac and Spirits branch.

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