LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Average Rating of “Strong Buy” from Brokerages

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have been assigned an average recommendation of “Strong Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a buy recommendation and five have given a strong buy recommendation to the company.

A number of research firms have recently weighed in on LVMUY. Kepler Capital Markets raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th. Bank of America raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

LVMUY stock opened at $111.17 on Tuesday. The firm has a 50 day simple moving average of $136.94 and a 200 day simple moving average of $135.19. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52 week low of $110.00 and a 52 week high of $183.65.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 23rd will be given a $1.6206 dividend. The ex-dividend date is Wednesday, April 23rd. This is a boost from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.18.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.