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 - Get Free Report) have been assigned an average recommendation of "Strong Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a buy recommendation and five have issued a strong buy recommendation on the company.

LVMUY has been the subject of a number of analyst reports. 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 report on Wednesday, February 26th. Bank of America upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a report on Thursday, January 16th.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Price Performance

Shares of LVMUY traded up $3.19 during mid-day trading on Tuesday, hitting $121.25. 634,591 shares of the company's stock were exchanged, compared to its average volume of 422,604. The company has a 50-day simple moving average of $133.62 and a 200 day simple moving average of $134.36. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 52 week low of $106.48 and a 52 week high of $183.65.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 23rd will be paid 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.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Company Profile

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.