Morgan Stanley Reiterates “€260.00” Price Target for LVMH Moet Hennessy Louis Vuitton SE (MC)

Morgan Stanley set a €260.00 ($305.88) price objective on LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) in a report issued on Thursday morning. The brokerage currently has a buy rating on the stock.

Several other research firms also recently weighed in on MC. UBS AG set a €255.00 ($300.00) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Friday, October 6th. Goldman Sachs Group Inc set a €277.00 ($325.88) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Monday, October 16th. Kepler Capital Markets set a €270.00 ($317.65) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Tuesday, August 29th. HSBC Holdings plc set a €225.00 ($264.71) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a neutral rating in a research report on Tuesday, September 5th. Finally, Deutsche Bank AG set a €240.00 ($282.35) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Monday, August 21st. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of €245.33 ($288.63).

Shares of LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) opened at 237.65 on Thursday. The company has a market capitalization of €119.45 billion and a PE ratio of 27.31. LVMH Moet Hennessy Louis Vuitton SE has a one year low of €159.90 and a one year high of €242.60. The stock has a 50 day moving average price of €230.98 and a 200 day moving average price of €223.81.

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Several other research firms also recently weighed in on MC. UBS AG set a €255.00 ($300.00) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Friday, October 6th. Goldman Sachs Group Inc set a €277.00 ($325.88) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Monday, October 16th. Kepler Capital Markets set a €270.00 ($317.65) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Tuesday, August 29th. HSBC Holdings plc set a €225.00 ($264.71) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a neutral rating in a research report on Tuesday, September 5th. Finally, Deutsche Bank AG set a €240.00 ($282.35) price target on shares of LVMH Moet Hennessy Louis Vuitton SE and gave the stock a buy rating in a research report on Monday, August 21st. Five analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of €245.33 ($288.63).

Shares of LVMH Moet Hennessy Louis Vuitton SE (EPA:MC) opened at 237.65 on Thursday. The company has a market capitalization of €119.45 billion and a PE ratio of 27.31. LVMH Moet Hennessy Louis Vuitton SE has a one year low of €159.90 and a one year high of €242.60. The stock has a 50 day moving average price of €230.98 and a 200 day moving average price of €223.81.

TRADEMARK VIOLATION WARNING: “Morgan Stanley Reiterates “€260.00” Price Target for LVMH Moet Hennessy Louis Vuitton SE (MC)” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The legal version of this article can be read at https://ledgergazette.com/2017/10/22/morgan-stanley-reiterates-260-00-price-target-for-lvmh-moet-hennessy-louis-vuitton-se-mc.html.

About LVMH Moet Hennessy Louis Vuitton SE

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.

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

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