LVMH Moet Hennessy Louis Vuitton (EPA:MC) Given a €326.00 Price Target by Goldman Sachs Group Analysts

LVMH Moet Hennessy Louis Vuitton (EPA:MC) has been given a €326.00 ($379.07) target price by research analysts at Goldman Sachs Group in a report issued on Wednesday, October 3rd. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 31.72% from the company’s current price.

A number of other brokerages also recently weighed in on MC. HSBC set a €315.00 ($366.28) price objective on shares of LVMH Moet Hennessy Louis Vuitton and gave the company a “neutral” rating in a research report on Tuesday, July 3rd. Berenberg Bank set a €340.00 ($395.35) target price on shares of LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Raymond James set a €331.00 ($384.88) target price on shares of LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Royal Bank of Canada set a €295.00 ($343.02) target price on shares of LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Finally, Credit Suisse Group set a €350.00 ($406.98) target price on shares of LVMH Moet Hennessy Louis Vuitton and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. LVMH Moet Hennessy Louis Vuitton currently has an average rating of “Buy” and a consensus price target of €323.67 ($376.36).

MC opened at €247.50 ($287.79) on Wednesday. LVMH Moet Hennessy Louis Vuitton has a 1-year low of €195.45 ($227.27) and a 1-year high of €260.55 ($302.97).

LVMH Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton S.E. operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Yquem Castle, Dom Perignon, Ruinart, White Horse castle, Mercier, Château d'Yquem, Clos Des Lambrays, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Andes Horse, Cape Mentelle, Newton Vineyards, Numanthia Termes, Numanthia Bodega, Clos19, and Ao Yun brands.

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Analyst Recommendations for LVMH Moet Hennessy Louis Vuitton (EPA:MC)

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