LVMH Moet Hennessy Louis Vuitton SA Receives Buy Rating from Nomura (MC)

Nomura reissued their buy rating on shares of LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) in a research report released on Friday morning, AnalystRatings.Net reports. Nomura currently has a €155.00 ($201.30) price objective on the stock.

Shares of LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) traded up 1.56% during mid-day trading on Friday, hitting €140.35. LVMH Moet Hennessy Louis Vuitton SA has a 52 week low of €111.00 and a 52 week high of €143.40. The stock’s 50-day moving average is currently €125.6. The company has a market cap of €70.174 billion and a P/E ratio of 20.26.

MC has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Thursday, May 23rd. They now have a €186.00 ($241.56) price target on the stock. Separately, analysts at BNP Paribas reiterated a neutral rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Wednesday, May 22nd. They now have a €145.00 ($188.31) price target on the stock. Finally, analysts at Societe Generale reiterated a hold rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, May 20th. They now have a €140.00 ($181.82) price target on the stock.

Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. LVMH Moet Hennessy Louis Vuitton SA presently has a consensus rating of Buy and an average target price of €152.76 ($198.39).

LVMH Moet Hennessy Louis Vuitton SA (EPA: MC) is a France-based luxury goods company.

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