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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has earned an average recommendation of “Strong Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a buy recommendation and four have assigned a strong buy recommendation to the company.

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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Up 4.1 %

Shares of LVMUY opened at $133.80 on Wednesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52 week low of $119.56 and a 52 week high of $191.63. The stock has a 50 day moving average of $132.43 and a 200-day moving average of $142.88.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently disclosed 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 of this dividend 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.