LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 962,006 shares were traded during mid-day trading, an increase of 128% from the previous session’s volume of 421,759 shares.The stock last traded at $112.91 and had previously closed at $111.76.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, LVMH-Moet Hennessy Louis Vuitton currently has a consensus rating of “Buy”.
View Our Latest Analysis on LVMH-Moet Hennessy Louis Vuitton
LVMH-Moet Hennessy Louis Vuitton Price Performance
About LVMH-Moet Hennessy Louis Vuitton
LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.
The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.
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