LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Recommendation of "Buy" from Analysts

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) has received a consensus recommendation of "Buy" from the nine ratings firms that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and four have given a strong buy rating to the company.

LVMUY has been the subject of a number of recent research reports. Bank of America upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a research report on Thursday, January 16th. Kepler Capital Markets upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. BNP Paribas cut shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from an "outperform" rating to a "neutral" rating in a research report on Tuesday, April 29th. Barclays downgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a research note on Friday. Finally, Hsbc Global Res lowered shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 24th.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Down 1.4 %

Shares of LVMUY traded down $1.62 on Friday, hitting $110.85. The company's stock had a trading volume of 474,576 shares, compared to its average volume of 441,537. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a fifty-two week low of $106.48 and a fifty-two week high of $183.65. The company has a 50 day moving average price of $124.16 and a 200 day moving average price of $131.09.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $1.6206 per share. This is an increase from LVMH Moët Hennessy - Louis Vuitton, Société Européenne's previous dividend of $1.18. The ex-dividend date is Wednesday, April 23rd.

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.