Todays Report: The LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) Receives “Buy” Rating from JPMorgan Chase & Co.

The LVMH-Moet Hennessy Louis Vuitton SA (LVMUY) Receives “Buy” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their buy rating on shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) in a research note issued to investors on Tuesday.

A number of other analysts also recently weighed in on the company. Citigroup Inc. restated a buy rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a report on Monday, September 12th. Goldman Sachs Group Inc. restated a buy rating on shares of LVMH-Moet Hennessy Louis Vuitton SA in a report on Wednesday, July 27th. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of Buy.

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) opened at 36.12 on Tuesday. LVMH-Moet Hennessy Louis Vuitton SA has a 52-week low of $28.64 and a 52-week high of $37.83. The firm has a market cap of $90.90 billion, a P/E ratio of 22.09 and a beta of 1.34. The company has a 50 day moving average price of $34.37 and a 200-day moving average price of $33.16.

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