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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has been given an average recommendation of “Strong Buy” by the seven ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a buy recommendation and five have issued a strong buy recommendation on the company.

Several analysts have issued reports on LVMUY shares. Kepler Capital Markets upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. Bank of America raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research report on Thursday, January 16th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

OTCMKTS:LVMUY opened at $121.25 on Tuesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1-year low of $106.48 and a 1-year high of $183.65. The business has a 50 day moving average of $133.62 and a 200 day moving average of $134.36.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 23rd will be issued a dividend of $1.6206 per share. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.18. The ex-dividend date of this dividend is Wednesday, April 23rd.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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.