Trading Report: Today: JPMorgan Chase & Co. Analysts Give LVMH Moet Hennessy Louis Vuitton SE (MC) a €185.00 Price Target

Today: JPMorgan Chase & Co. Analysts Give LVMH Moet Hennessy Louis Vuitton SE (MC) a €185.00 Price Target

JPMorgan Chase & Co. set a €185.00 ($205.56) price objective on LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) in a research note published on Wednesday morning. The brokerage currently has a a buy rating on the stock.

A number of other equities research analysts also recently commented on MC. HSBC set a €178.00 ($197.78) target price on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a report on Tuesday, June 14th. Goldman Sachs Group Inc. set a €167.50 ($186.11) target price on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a report on Friday, June 17th. Kepler Capital Markets set a €161.00 ($178.89) target price on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a neutral rating in a report on Thursday, June 30th. Independent Research GmbH set a €170.00 ($188.89) target price on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a report on Wednesday, July 6th. Finally, Credit Suisse Group AG set a €160.00 ($177.78) target price on LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a report on Monday, July 11th. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. LVMH Moet Hennessy Louis Vuitton SE has an average rating of Buy and a consensus target price of €176.44 ($196.04).

Shares of LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) opened at 166.80 on Wednesday. LVMH Moet Hennessy Louis Vuitton SE has a one year low of €130.55 and a one year high of €174.30. The firm’s 50-day moving average is €154.25 and its 200-day moving average is €148.15. The stock has a market capitalization of €83.95 billion and a price-to-earnings ratio of 22.72.

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