LVMH Moët Hennessy - Louis Vuitton, Société Européenne / Analyst ratings

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Analyst ratings

9 analysts rated this company in the past 90 days. The average target price is €541.44, this is a change of -9.2% compared to the current price.

September 29, 2025
UBS raises target for LVMH to 513 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for LVMH from €487 to €513, but left its rating at "Neutral." According to her commentary released on Monday, Zuzanna Pusz sees the European luxury goods industry at a turning point. She believes the third quarter was likely better than expected overall. The focus is now shifting to the final quarter and the period thereafter./tih/ag

Publication of the original study: September 29, 2025 / 02:01 / GMT

First distribution of the original study: September 29, 2025 / 02:01 / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 25, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its "Outperform" rating for LVMH with a price target of €600. Despite this year's price decline, the stock remains a top pick in the luxury goods sector, Luca Solca wrote on Thursday. In addition to the market context, the weakness is also due to internal factors, but LVMH is not sitting idly by./tih/ag

Publication of the original study: September 25, 2025 / 8:30 p.m. / UTC

First distribution of the original study: September 25, 2025 / 8:30 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 25, 2025
Goldman raises target for LVMH to 625 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for LVMH from €600 to €625 and maintained its "Buy" rating. Analyst Louise Singlehurst barely changed her estimates, but rolled the valuation base forward as usual on Thursday evening. With a view to the upcoming quarterly report, it is looking for signs that the fashion and leather goods sector has bottomed out./ag/mf

Publication of the original study: September 25, 2025 / 6:14 p.m. / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 12, 2025
Berenberg maintains LVMH 'Buy' rating - target 550 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for LVMH with a price target of €550. In a study published Friday, Nick Anderson noted that the late fashion designer Giorgio Armani is said to have named LVMH as the preferred buyer for a minority stake in his company in his will, along with EssilorLuxottica and L'Oreal. The expert believes LVMH would be most interested in a stake due to strategic similarities. Such a deal would also be easily financeable for LVMH, the expert believes./tih/mis

Publication of the original study: September 12, 2025 / 8:18 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 10, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. In an industry study released Thursday, Luca Solca examined the spending behavior of Chinese consumers and the key drivers of luxury consumption. Recent Chinese consumption trends appear promising, especially in the high-end segment, he wrote. However, it is still too early to speak of a turnaround. Against this backdrop, he favors the high-quality "laggards" of the recent luxury goods rally./edh/jha/

Publication of the original study: September 10, 2025 / 11:33 a.m. / UTC. First distribution of the original study: September 11, 2025 / 5:00 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 10, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. The cosmetics companies it covers performed well in China in August, increasing their gross merchandise value on average, despite a broader weakness in the online cosmetics market there, Callum Elliott wrote in an industry study released Wednesday. However, individual developments differed. L'Oreal and Estée Lauder continued to perform well, while Procter & Gamble Beauty and Proya also grew, and Unilever and LVMH were under pressure./mis/tih

Publication of the original study: September 10, 2025 / 12:50 / UTC

First distribution of the original study: September 10, 2025 / 12:50 / UTC

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 9, 2025
RBC maintains LVMH at 'Outperform' - target 550 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "Outperform" with a price target of €550. The luxury sector is showing signs of improved sales growth in the third quarter based on lower comparable figures, wrote analyst Piral Dadhania in an industry report released Wednesday. While this is already reflected in the share prices, he is not convinced that this is a new trend. The comparable figures for the fourth quarter are more challenging. He himself expects a slight slowdown again./tih/mis

Publication of the original study: September 9, 2025 / 5:49 PM / EDT

First distribution of the original study: September 10, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 4, 2025
Jefferies raises target for LVMH to 470 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies raised its price target for LVMH from €450 to €470, but maintained its "Hold" rating. James Grzinic wrote on Thursday after revising his model that the situation improved somewhat in the third quarter. However, according to its own statements, its medium-term estimates remain 6 percent below the market consensus./rob/ag/jha/

Publication of the original study: September 4, 2025 / 7:29 a.m. / Time zone not specified in the study

First distribution of the original study: September 4, 2025 / 7:29 a.m. / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 3, 2025
JPMorgan leaves LVMH at 'Neutral' - target 525 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained a "neutral" price target on LVMH with a price target of €525. Chiara Battistini revised her estimates for the luxury goods group in light of the upcoming third-quarter results. Given the ongoing volatility and the lack of clear signs of a positive turnaround, it is still too early for a more positive assessment of the industry, the analyst firm wrote in its outlook published Thursday./rob/gl/ag

Publication of the original study: September 3, 2025 / 6:27 p.m. / BST First distribution of the original study: September 4, 2025 / 12:15 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 27, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. Luca Solca conducted a more in-depth analysis of the valuations of stocks in the luxury goods sector in a study published Thursday. Given the lackluster growth of the past two years, the sector valuations currently appear appropriate. However, if growth improves as expected in 2026, new valuation leeway will arise./tih/gl

Publication of the original study: August 27, 2025 / 7:40 p.m. / UTC. First distribution of the original study: August 28, 2025 / 5:15 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 21, 2025
RBC maintains LVMH at 'Outperform' - target 550 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "Outperform" with a price target of €550. In a study published Thursday by Luca Solca, Nikolaos Lafioniatis evaluated current export data for Swiss watches. In July, exports were influenced by US tariff policy, as there was panic buying in anticipation of the tariffs later introduced, he wrote. The stocks most dependent on this business are Watches of Switzerland and Swatch, while the influence on Richemont and LVMH is less pronounced./tih/edh

Publication of the original study: August 21, 2025 / 2:34 a.m. / EDT

First distribution of the original study: August 21, 2025 / 2:34 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 21, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. Luca Solca drew his conclusions from current Swiss watch export data in an industry study released Thursday. Boosted by exports to the US brought forward due to tariffs, watch exports rose by 6.9 percent in July. The trend in other regions was mixed. He expects the August figures to fluctuate again due to the US tariffs./tih/edh

Publication of the original study: August 21, 2025 / 7:47 a.m. / UTC

First distribution of the original study: August 21, 2025 / 7:47 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 10, 2025
RBC maintains LVMH at 'Outperform' - target 550 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "outperform" with a price target of €550. Piral Dadhania wrote in an industry report released Monday that he revised his estimates following the half-year reporting season. The developments regarding US import tariffs are now also reflected in his assumptions for the luxury goods and fashion group. The significantly lower valuations of Hermes and LVMH have now made these stocks more attractive again./bek/mis

Publication of the original study: August 10, 2025 / 5:46 PM / EDT

First distribution of the original study: August 11, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 7, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. In an industry study released Friday, Luca Solca examined the impact of the 39 percent US special tariffs on imports from Switzerland, specifically watch imports. The last-minute deal hoped for by many has not materialized. Industry data suggests that Swiss watch manufacturers generate about a fifth of their revenue from the US. He expects another round of price increases. Deliveries have also been brought forward, providing the industry with a buffer of about six months. Swatch is particularly badly affected./tih/nas

Publication of the original study: August 7, 2025 / 3:22 PM / UTC

First distribution of the original study: August 8, 2025 / 5:00 AM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 28, 2025
Berenberg lowers target for LVMH to 550 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg lowered its price target for LVMH from €570 to €550 following its half-year results and maintained its "Buy" rating. The results reflect the broader themes in the industry, including the weakness of the dollar and the Chinese market, Nick Anderson wrote in a study released Monday. However, the luxury goods group is gaining market share, which underscores the strength of its brands and balance sheet./rob/tih/zb

Publication of the original study: July 28, 2025 / 5:06 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 27, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for LVMH at "outperform" with a price target of €600. The luxury goods group's half-year figures weren't good, but they weren't exactly disastrous, wrote Luca Solca in a study released Monday. Almost all divisions reported better-than-expected growth./rob/edh/mne

Publication of the original study: July 27, 2025 / 9:16 p.m. / UTC

First distribution of the original study: July 28, 2025 / 5:30 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 25, 2025
Deutsche Bank Research lowers target for LVMH to 520 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for LVMH from €535 to €520 and maintained its "Hold" rating. The first half of the year was better than feared, Adam Cochrane wrote on Friday after the luxury group's results. LVMH's earnings performance is now approaching its lowest point./ajx/zb

Publication of the original study: July 25, 2025 / Time not specified in study / CET. First distribution of the original study: July 25, 2025 / 8:04 a.m. / CET

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 24, 2025
Jefferies lowers target for LVMH to 450 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies lowered its price target for LVMH from €460 to €450 following the company's earnings release and maintained its "Hold" rating. The luxury goods group experienced a tough quarter, as expected, wrote James Grzinic in his response released Friday. The market discussion about the company is likely to continue/rob/gl/zb

Publication of the original study: July 24, 2025 / 4:05 p.m. / Time zone not specified in the study. First distribution of the original study: July 24, 2025 / 4:05 p.m. / Time zone not specified in the study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 24, 2025
JPMorgan lowers target for LVMH to 525 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for LVMH from €540 to €525, but maintained its rating at "Neutral." Chiara Battistini wrote Thursday evening that the French company's figures were mixed. Sales were somewhat weaker than expected. However, the luxury group has its costs under control./rob/ag/gl

Publication of the original study: July 24, 2025 / 10:42 PM / BST First distribution of the original study: July 25, 2025 / 12:15 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 24, 2025
UBS maintains LVMH at 'Neutral' - Target 487 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on LVMH following its earnings results, with a price target of €487. The luxury goods group demonstrated impressive cost control in the first half of the year, which benefited its operating result, Zuzanna Pusz wrote in an initial reaction on Thursday evening. However, business performance in the second half of the year remains difficult to predict, and risks regarding the estimates for 2026 remain./rob/gl/zb

Publication of the original study: July 24, 2025 / 8:51 p.m. / GMT. First distribution of the original study: July 25, 2025 / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 18, 2025
JPMorgan leaves LVMH at 'Neutral' - Target 540 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained a "Neutral" rating on LVMH with a price target of €540. The quarterly figures from the European luxury goods industry so far have been mixed, wrote Chiara Battistini in an industry commentary released on Monday. Despite this and the varied price reactions, there were few surprises in the fundamental data. Brunello Cucinelli, Burberry, and Richemont largely performed as expected. Company-specific factors continued to play a greater role than economic and industry trends. Among the companies yet to report, Hermes could benefit from the trend toward continued strong domestic demand. However, expectations here already reflected a better performance. The expert remains just as cautious about LVMH, with regard to the fragrances and leather goods business, which is dependent on Asian tourists, as she is about Kering./gl/bek

Publication of the original study: July 18, 2025 / 8:42 p.m. / BST

First distribution of the original study: July 21, 2025 / 12:15 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 8, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. In his industry commentary published Wednesday, Luca Solca confirmed his assessment that luxury goods companies felt the full impact of geopolitical and trade policy volatility and uncertainty in the second quarter. He is somewhat more optimistic about the second half of the year./edh/ag

Publication of the original study: July 8, 2025 / 1:58 a.m. / UTC

First distribution of the original study: July 9, 2025 / 4:01 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 7, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. In his industry assessment published Tuesday, analyst Luca Solca examined employee productivity and its impact on the return on capital of luxury goods companies. He noted "strong correlations" with developments in the retail sector. Staff productivity also opens up interesting perspectives with regard to fair wages./tih/ag

Publication of the original study: July 7, 2025 / 3:07 PM / UTC

First distribution of the original study: July 7, 2025 / 9:00 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
July 3, 2025
Barclays lowers target for LVMH to 520 euros - 'Equal Weight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for LVMH from 550 to 520 euros, but maintained its rating at "Equal Weight." In her outlook for the quarterly report released on Friday, Carole Madjo expects that the French company's vital fashion and leather goods business continued to be under pressure in the second quarter. Group revenue is expected to have shrunk by 5 percent at constant currency./ag/mf

Publication of the original study: July 3, 2025 / 4:40 p.m. / GMT

First distribution of the original study: July 4, 2025 / 3:00 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
Goldman lowers target for LVMH to 600 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for LVMH from €610 to €600, but maintained its "Buy" rating. While uncertainty remains high at the moment, problems are temporary and not structural, wrote Louise Singlehurst in her commentary on the luxury goods group published Tuesday./ag/bek

Publication of the original study: June 30, 2025 / 10:58 PM / EST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 30, 2025
RBC maintains LVMH at 'Outperform' - target 550 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "outperform" with a price target of €550. Overall, momentum in the luxury sector remains subdued, Piral Dadhania wrote in an industry outlook published Tuesday. Trends are stable in North America and Asia-Pacific, but somewhat weaker in Europe and Japan. LVMH is among the companies with recent below-average performance./bek/gl

Publication of the original study: June 30, 2025 / 6:30 p.m. / EDT. First distribution of the original study: July 1, 2025 / 12:45 a.m. / EDT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 26, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained an "Outperform" rating on LVMH with a price target of €600. Typical luxury goods manufacturers such as LVMH generate two-thirds of their sales in US dollars and currencies linked to them, which is why the recent dollar weakness is creating headwinds, wrote Luca Solca in an industry assessment published Friday. In contrast, Swatch Group and Richemont benefited from the strong franc. Overall, the expert sees positive industry prospects due to a recovery in the second half of the year. For Burberry and LVMH, he sees potential for a turnaround and self-help measures./gl/nas

Publication of the original study: June 26, 2025 / 9:50 p.m. / UTC. First distribution of the original study: June 27, 2025 / 5:30 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 19, 2025
RBC lowers target for LVMH to 550 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for LVMH from €680 to €550, but maintained its rating at "outperform." The French company's shares have recently lagged even the weak luxury goods sector, Piral Dadhania wrote in her outlook for the upcoming interim report published Friday. She cut her estimates in light of lower growth expectations and negative currency effects. The starting position for the shares has improved somewhat, with a valuation close to a ten-year low. However, the corrections to market expectations are likely to continue for the time being./rob/ag/la

Publication of the original study: June 19, 2025 / 5:39 PM / EDT

First distribution of the original study: June 20, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 18, 2025
Berenberg maintains LVMH 'Buy' - target 570 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for LVMH with a price target of €570. Chinese spending on luxury goods remains under pressure, wrote Nick Anderson in his industry commentary published Thursday. He sees it stagnating overall in the coming years./ag/jha/

Publication of the original study: June 18, 2025 / 9:47 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 17, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained an "Outperform" rating on LVMH with a price target of €600. Spending growth for high-end luxury goods has remained robust despite weakening demand in the broader sector, but is beginning to show signs of slowing due to macroeconomic uncertainties, wrote Luca Solca. In his industry assessment, published Wednesday, he referred to data collected by cooperation partner Agility Research & Strategy for the period from March 17 to April 25 – i.e., before and after the market shock caused by the introduction of new US tariffs in early April, which were later partially suspended. Solca now no longer expects an organic decline in sales for 2025, but rather stagnation of revenues at the previous year's level. He is cautiously optimistic for the second half of the year and sees Burberry and LVMH as beneficiaries of a potential recovery as well as self-help measures. Solca also favors stocks with company-specific tailwinds, such as Hermes and Richemont./gl/ag

Publication of the original study: June 17, 2025 / 9:36 p.m. / UTC. First distribution of the original study: June 18, 2025 / 5:06 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 11, 2025
Goldman lowers target for LVMH to 610 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for LVMH from €630 to €610, but maintained its "Buy" rating. After reviewing her investment thesis on Wednesday, Louise Singlehurst remains convinced of the business cycle in the luxury sector – and of a recovery. Even with her estimates below the market consensus, LVMH shares are attractively valued. Singlehurst justifies the price target reduction with slightly lower 10-year earnings and cash flow forecasts./ag/ajx

Publication of the original study: June 11, 2025 / 5:04 AM / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 8, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. In a comparative industry study released Monday, Luca Solca examined the shareholder structure of the luxury goods groups Hermes, Kering, and LVMH. The three largest listed sector companies in France are all controlled by founding families, and the controlling shareholders each hold more than two-thirds of the voting rights, he wrote. The differences between voting rights and ownership rights are smaller than for providers of "hard" luxury goods such as watches and jewelry./edh/tih

Publication of the original study: June 8, 2025 / 11:35 PM / UTC

First distribution of the original study: June 9, 2025 / 4:01 AM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 3, 2025
JPMorgan lowers target for LVMH to 540 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for LVMH from €610 to €540, but left its rating at "neutral." Chiara Battistini cut her earnings estimates again by a high single-digit percentage on Wednesday evening in light of the current news. This is particularly evident in recent comments from the luxury goods group's management./rob/ag/tih

Publication of the original study: June 3, 2025 / 5:56 PM / BST

First distribution of the original study: June 4, 2025 / 12:15 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
June 2, 2025
RBC maintains LVMH at 'Outperform' - target 680 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "Outperform" with a price target of €680. In his industry commentary released Tuesday, analyst Piral Dadhania expects earnings expectations in the luxury goods sector to continue to decline. He sees no real improvement in the second quarter, but rather a further slowdown. Given these circumstances, he continues to favor a more defensive investment strategy with stocks such as Hermes and Ferrari. He values LVMH due to its strong brand portfolio and subdued investor sentiment./tih/ag

Publication of the original study: June 2, 2025 / 5:13 PM / EDT

First distribution of the original study: June 3, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 30, 2025
Jefferies lowers target for LVMH to 460 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies lowered its price target for LVMH from €510 to €460, but maintained its "Hold" rating. James Grzinic wrote Friday evening that the outlook for the luxury sector has deteriorated since the first-quarter reports. He cut his estimates for 2026 eight percent below the consensus./rob/ag/zb

Publication of the original study: May 30, 2025 / 11:13 AM / Time zone not specified in the study

First distribution of the original study: May 30, 2025 / 7:00 PM / Time zone not specified in the study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 27, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600. Export growth for Swiss watches is clearly dominated by the US, Luca Solca wrote on Tuesday. Without this market, exports would have declined in April. Overall, the data is characterized by high uncertainty due to the US tariff reversals. Solca recently revised its negative organic growth forecast for the luxury goods sector and has since then only anticipated stagnation./ag/gl

Publication of the original study: May 27, 2025 / 8:36 a.m. / UTC. First distribution of the original study: May 27, 2025 / 8:36 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 21, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €600 following the results of competitor Chanel. The competitor was unable to keep pace with LVMH's Fashion & Leather Goods division in the 2024 fiscal year, Luca Solca wrote in a study released Wednesday. Chanel's problems highlighted the concerns about value for money that certain luxury brands face./rob/tih/ajx

Publication of the original study: May 21, 2025 / 7:30 a.m. / UTC

First distribution of the original study: May 21, 2025 / 7:30 a.m. / UTC

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
May 2, 2025
Barclays lowers LVMH to 'Equal Weight' - target 550 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has significantly lowered its price target for LVMH shares from €755 to €550, downgrading the stock from "Overweight" to "Equal Weight." Headwinds for the luxury sector are increasing, especially in the US, analyst Carole Madjo wrote in her reassessment of the industry published Friday. The recovery story could be delayed overall. In LVMH's core business of fashion and leather goods, the expert fears that a return to growth will not be possible this year./ag/ajx

Publication of the original study: May 2, 2025 / 5:03 a.m. / GMT

First distribution of the original study: May 2, 2025 / 5:08 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 23, 2025
Bernstein maintains LVMH at 'Outperform' - target 600 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for LVMH at "outperform" with a price target of €600. The luxury goods manufacturer has increased handbag prices in the US by an average of 3.6 percent, analyst Luca Solca wrote in a study released Thursday. The French wanted to offset import duties, which should be sufficient at an import tariff of 20 percent./bek/edh

Publication of the original study: April 23, 2025 / 7:18 p.m. / UTC

First distribution of the original study: April 23, 2025 / 7:18 p.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 16, 2025
Berenberg lowers target for LVMH to 570 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has lowered its price target for LVMH from €740 to €570 and maintained its "Buy" rating. The unexpectedly weak first-quarter sales figures showed that Chinese demand was even weaker than he feared, analyst Nick Anderson wrote in a report published Thursday. He justified the new price target with his lower estimates and a more conservative valuation approach for the luxury goods group. However, after the recent price decline, he still sees sufficient room for a buy recommendation./edh/mis

Publication of the original study: April 16, 2025 / 5:01 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
Jefferies lowers target for LVMH to 510 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies lowered its price target for LVMH from €670 to €510 following the company's earnings release, but maintained its "Hold" rating. The luxury goods manufacturer's first quarter reflects a difficult start to the current year, analyst James Grzinic wrote in a report released Tuesday. The conference call underscored the uncertainties regarding margins. The estimates have been adjusted accordingly./mf/bek

Publication of the original study: April 14, 2025 / 3:50 PM / ET

First distribution of the original study: April 14, 2025 / 3:50 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
Deutsche Bank Research lowers target for LVMH to 565 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for LVMH from €580 to €565 following first-quarter sales figures and maintained its "Hold" rating. The luxury goods group performed weakly across all segments, analyst Adam Cochrane wrote in a response released Tuesday. It lowered its earnings estimate (EPS) for this year by a further 5 percent.

Publication of the original study: April 14, 2025 / 7:06 p.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
JPMorgan lowers target for LVMH to 610 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for LVMH from €650 to €610 following first-quarter sales figures and left the rating at "Neutral." The environment is challenging, even for the market leader, analyst Chiara Battistini wrote in a report released Tuesday. The fashion and leather segment performed particularly poorly./bek/gl

Publication of the original study: April 14, 2025 / 9:30 p.m. / BST First distribution of the original study: April 15, 2025 / 12:15 a.m. / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
RBC lowers target for LVMH to 680 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for LVMH from €750 to €680 following first-quarter sales figures, but maintained the rating at "Outperform." Sales in the Fashion & Leather division declined more sharply than the market expected, analyst Piral Dadhania wrote in a study released Tuesday. The figures point to a more challenging environment for the luxury goods industry than previously expected. LVMH pointed to weaker demand in the US for product groups such as cosmetics, wines, and spirits./bek/gl

Publication of the original study: April 14, 2025 / 9:13 p.m. / EDT. First distribution of the original study: April 15, 2025 / 12:45 a.m. / EDT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
UBS leaves LVMH at 'neutral' after sales figures

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for LVMH at "Neutral" following first-quarter sales figures, with a price target of €650. Although a weak start to the year compared to the previous quarter was widely expected, the luxury goods manufacturer underperformed even the most cautious investors she spoke with, wrote analyst Zuzanna Pusz in a quick assessment released Monday. All business areas missed expectations, especially the most profitable division, Fashion and Leather Goods.

Publication of the original study: April 14, 2025 / 4:20 p.m. / GMT

First distribution of the original study: April 14, 2025 / 4:20 p.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 14, 2025
RBC maintains LVMH's 'Outperform' rating after sales figures

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "outperform" with a price target of €750 following its first-quarter sales figures. The luxury goods manufacturer missed the average analyst estimate by 4 percent, analyst Piral Dadhania wrote in a flash assessment released Monday. Instead of a slight increase in sales, a 3 percent decline was reported – adjusted for acquisition and currency effects. Given LVMH's pioneering role, the weaker-than-expected trends across all of the company's business areas are likely to have a negative impact on the entire luxury sector in the short term./ck/zb

Publication of the original study: April 14, 2025 / 12:18 PM / EDT

First distribution of the original study: April 14, 2025 / 12:18 PM / EDT

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 9, 2025
Deutsche Bank Research lowers target for LVMH to 580 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for LVMH from €695 to €580 and maintained its rating at "Hold." It is now unclear whether the third quarter of 2024 truly marked the low point in demand for luxury goods, wrote analyst Adam Cochrane in a study on the European luxury sector published Wednesday. The recovery in the fourth quarter appears to have been merely an anomaly and not the beginning of an uptrend. While he does not see the direct impact of the tariffs as a major headwind, he does see weaker global equity markets and general economic uncertainty as a major headwind. Regarding LVMH, he writes that the group appears to be facing some challenges in its core business areas for the first time in years./ck/la

Publication of the original study: April 9, 2025 / Time not specified in the study / GMT. First distribution of the original study: April 9, 2025 / 4:03 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
April 7, 2025
JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for LVMH at "Neutral" with a price target of €650. The luxury sector is entering a phase of heightened uncertainty and is not in particularly good shape, wrote analyst Chiara Battistini in an industry report released Tuesday. A concrete assessment is difficult due to the many imponderables. Given the existing risks, LVMH is only rated "Neutral" despite its strong market position./mf/bek

Publication of the original study: April 7, 2025 / 7:22 a.m. / GMT

First distribution of the original study: April 8, 2025 / 12:15 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 31, 2025
RBC maintains LVMH at 'Outperform' - target 750 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "Outperform" with a price target of €750. Analyst Piral Dadhania delved deeply into the tariff issue in his commentary on the luxury and sporting goods industry published Tuesday. He outlined a possible scenario for US demands on imports starting April 2. The tariffs would have both a direct impact on costs and an indirect impact on consumer sentiment. He sees the comparatively highest risks in Puma, Nike, and Dockers. Moncler, LVMH, and Pandora are likely to fare particularly well. In general, however, the expert is cautious about Pandora./ag/mis

Publication of the original study: March 31, 2025 / 10:32 PM / EDT

First distribution of the original study: April 1, 2025 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 28, 2025
RBC lowers target for LVMH to 750 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for LVMH from €780 to €750 ahead of its quarterly results, but maintained its "outperform" rating. The luxury goods group's sales development is expected to have been flat, analyst Piral Dadhania wrote in an outlook released Friday. It lowered its revenue and earnings forecasts for the years 2025 to 2027./edh/mis

Publication of the original study: March 28, 2025 / 2:21 a.m. / EDT

First distribution of the original study: March 28, 2025 / 2:21 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 27, 2025
UBS lowers target for LVMH to 650 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - The Swiss major bank UBS has lowered its price target for LVMH from 745 to 650 euros ahead of quarterly figures, but left the rating at "neutral". Although the luxury goods group's long-term attractive investment background remains intact, the upcoming first-quarter results are unlikely to provide any indication of a return to positive earnings momentum, wrote analyst Zuzanna Pusz in an outlook released Friday./edh/mis

Publication of the original study: March 27, 2025 / 8:43 PM / GMT

First distribution of the original study: March 27, 2025 / 8:43 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 27, 2025
Bernstein maintains LVMH at 'Outperform' - target 800 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €800. The Italian producers reported fuller order books for the second half of the year following their participation in the Intertextile trade fair in Shanghai, analyst Luca Solca wrote on Thursday after his trip to Milan, Florence, and Solomeo. In light of hopeful signals from China, concerns now center primarily on US consumers. Enthusiasm about a strong US under Trump has evaporated. However, the performance of individual brands continues to vary greatly. However, LVMH remains at the top of its quality ranking./ag

Publication of the original study: March 27, 2025 / 5:59 p.m. / UTC. First distribution of the original study: March 28, 2025 / 5:30 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 23, 2025
Bernstein maintains LVMH at 'Outperform' - target 800 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €800 ahead of the company's first-quarter results. Analyst Luca Solca reduced his estimate for organic growth in the Fashion & Leather division in a study released Monday. The expert also lowered his benchmark for the luxury goods manufacturer's organic growth at the group level. Nevertheless, LVMH remains a quality anchor in the industry./bek/tih

Publication of the original study: March 23, 2025 / 6:53 p.m. / UTC

First distribution of the original study: March 24, 2025 / 6:00 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 21, 2025
JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

NEW YORK (dpa-AFX Analyser) - The US bank JPMorgan has left its rating for LVMH at "Neutral" with a price target of 650 euros ahead of first-quarter sales figures. Sales trends are likely to have been subdued not only in the fashion and leather segment, but also in the luxury goods group's other business areas, wrote analyst Chiara Battistini in an outlook on Monday./bek/tih

Publication of the original study: March 21, 2025 / 6:07 p.m. / GMT

First distribution of the original study: March 24, 2025 / 12:15 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
March 3, 2025
Bernstein maintains LVMH at 'Outperform' - target 800 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €800. The major luxury brands would have to acquire large properties to establish branches in New York, wrote analyst Luca Solca in his industry commentary published Tuesday. According to a real estate expert surveyed, rents for the insufficient commercial space are likely to rise sharply. LVMH is attempting to force its competitors into competition on this issue, at the expense of their significantly lower balance sheet options./bek/ag

Publication of the original study: March 3, 2025 / 6:23 p.m. / UTC

First distribution of the original study: March 4, 2025 / 5:00 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
February 5, 2025
Berenberg raises target for LVMH to 740 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg raised its price target for LVMH from €720 to €740 and maintained its "Buy" rating. Unrealistic expectations for the company's annual results led to a sell-off, analyst Nick Anderson wrote in an assessment released Thursday. However, the luxury goods group's share story has remained unchanged, and consensus earnings estimates for 2026 have barely declined. The optimistic expectations are based on strong management and a business model focused on gaining market share. Growth stories are becoming increasingly scarce in the broader European market, and valuations appear attractive./gl/edh

Publication of the original study: February 5, 2025 / 5:36 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 30, 2025
RBC raises target for LVMH to 780 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for LVMH from €700 to €780 following quarterly results and maintained its rating at "outperform." In response to the slight increase in sales, analyst Piral Dadhania slightly raised his revenue forecast for the first half of 2025, wrote in his commentary published Friday. LVMH remains one of its preferred investment ideas in the luxury goods sector due to its scale, profile, and ongoing track record./edh/ag

Publication of the original study: January 30, 2025 / 5:46 PM / EST

First distribution of the original study: January 31, 2025 / 12:45 AM / EST

Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 30, 2025
Bernstein raises target for LVMH to 800 euros - 'Outperform'

NEW YORK (dpa-AFX Analyser) - The US analysis house Bernstein Research has raised the price target for LVMH from 700 to 800 euros after the figures and left the rating at "outperform". The luxury goods group's results for 2024 were mixed, but management is addressing the problems, wrote analyst Luca Solca in a study released Thursday./mis/nas

Publication of the original study: January 30, 2025 / 7:09 a.m. / UTC

First distribution of the original study: January 30, 2025 / 7:09 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 29, 2025
Berenberg maintains LVMH 'Buy' - target 720 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for LVMH with a price target of €720. The previous year's figures highlighted the clear strengths of the French company's business model, even though operating results fell short of expectations due to one-off charges, analyst Nick Anderson wrote in his response on Wednesday morning. Investments in its brands are strengthening the group to further outperform the competition and gain market share. LVMH also appears to have had a good start to the new year./ag/tih

Publication of the original study: January 29, 2025 / 6:04 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 29, 2025
Deutsche Bank Research raises target for LVMH to 695 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for LVMH from 690 to 695 euros and maintained its "Hold" rating. While the fourth quarter was better than the previous quarter, it was not as good as hoped, analyst Adam Cochrane wrote on Tuesday evening after the French company's figures. There is some margin pressure./ag/mis

Publication of the original study: January 29, 2025 / Time not specified in the study / GMT

First distribution of the original study: January 29, 2025 / 9:38 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 29, 2025
Goldman raises target for LVMH to 755 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for LVMH from €720 to €755 and maintained its "Buy" rating. Compared to the increased expectations, the French company's annual figures were somewhat lackluster, wrote analyst Louise Singlehurst in her reaction released Wednesday. However, business picked up speed at the start of the new year./ag/tih

Publication of the original study: January 29, 2025 / 5:50 a.m. / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 29, 2025
UBS raises target for LVMH to 745 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for LVMH from €648 to €745 following the sector's recent recovery, but left its rating at "Neutral." Analyst Zuzanna Pusz wrote in her commentary on the previous year's figures released Wednesday that the French company disappointed high market expectations with its second-half results. Furthermore, the conference call did not provide any real clarity on current trends. Pusz only had to slightly reduce her estimates through 2027, as they were already below the consensus./ag/zb

Publication of the original study: January 29, 2025 / 1:01 a.m. / GMT

First distribution of the original study: January 29, 2025 / 1:01 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
Bernstein maintains LVMH at 'Outperform' - target 700 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €700. The French company's management has not provided the desired signals, analyst Luca Solca wrote on Tuesday evening after the conference call on the annual results. The extraordinary charges on earnings should not distract from shrinking sales in many areas, Solca said. Problems have been identified and are being addressed, but this will take time. Meanwhile, a revival of demand in the US is currently helping./ag/tih

Publication of the original study: January 28, 2025 / 11:02 PM / UTC

First distribution of the original study: January 28, 2025 / 11:02 PM / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for LVMH at "Neutral" with a price target of €650. Analyst Chiara Battistini, in her reaction to the annual results released Wednesday, acknowledged that the improvement in the French company's performance was not as significant as hoped. She therefore advises against chasing the sector's recent recovery and remaining highly selective. Their luxury favorites are Prada and Richemont./ag/zb

Publication of the original study: January 28, 2025 / 11:59 PM / GMT

First distribution of the original study: January 29, 2025 / 12:15 AM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
Jefferies maintains LVMH on 'Hold' - target 670 euros

NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Hold" rating on LVMH following the company's earnings release, with a price target of €670. The luxury goods group's quarterly results are highly diverse and demonstrate a shift in demand from "soft" to "hard" luxury goods, wrote analyst James Grzinic in a study released Tuesday.

Publication of the original study: January 28, 2025 / 4:05 p.m. / ET First distribution of the original study: January 28, 2025 / 4:05 p.m. / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
RBC maintains LVMH at 'Outperform' - target 700 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its "Outperform" rating on LVMH following its earnings release, with a price target of €700. The luxury goods group's sales in the final quarter were a slight positive surprise, while its profitability for the year was somewhat disappointing, wrote analyst Piral Dadhania in a report released Tuesday.

Publication of the original report: January 28, 2025 / 2:02 PM / EST. First distribution of the original report: January 28, 2025 / 2:02 PM / EST.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
UBS maintains LVMH at 'Neutral' - Target 648 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on LVMH with a price target of €648. The luxury goods group's quarterly figures, published after the market close, were weak in terms of sales and margins, analyst Zuzanna Pusz wrote in an initial reaction on Tuesday./gl/jha/

Publication of the original study: January 28, 2025 / 5:37 PM / GMT First distribution of the original study: January 28, 2025 / 5:37 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 28, 2025
Barclays maintains LVMH at 'Overweight' - target 770 euros

LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for LVMH at "Overweight" with a price target of €770. The French company's results were mixed, wrote analyst Carole Madjo on Tuesday evening after the annual figures. The bank's operating result missed expectations, but sales were slightly better. However, Madjo sees some cause for optimism for 2025./ag/zb

Publication of the original study: January 28, 2025 / 10:20 PM / GMT

First distribution of the original study: January 28, 2025 / 10:25 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 27, 2025
Jefferies raises target for LVMH to 670 euros - 'Hold'

NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has raised its price target for LVMH from 560 to 670 euros, but left the rating at "Hold". In a preview of the luxury group's quarterly results released on Monday, analyst James Grzinic pointed to the strong share price gains in the industry since the lows in the final quarter of 2024. At LVMH, the fashion and leather goods segment is likely to have recovered more strongly than reflected in the consensus estimates./bek/he

Publication of the original study: January 27, 2025 / 11:54 AM / ET First distribution of the original study: January 27, 2025 / 11:54 AM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 27, 2025
UBS maintains LVMH at 'Neutral' - Target 648 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for LVMH at "Neutral" with a price target of €648. Although the spirits group Diageo has made it clear that it does not intend to sell the Guinness beer brand or its 34 percent stake in the LVMH-owned champagne brand Moët Hennessy, analyst Zuzanna Pusz wrote in a study published Monday, investors have been speculating for some time that LVMH might reassess its spirits portfolio. This speculation was further fueled by the recent change in management in the division./niw/mis

Publication of the original study: January 27, 2025 / 1:51 a.m. / GMT

First distribution of the original study: January 27, 2025 / 1:51 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 21, 2025
Deutsche Bank Research raises target for LVMH to 690 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for LVMH from 670 to 690 euros, but maintained its "Hold" rating. The fourth quarter may have been better than previously expected, wrote analyst Adam Cochrane in his outlook on the report released Tuesday. However, expectations are likely already quite high following the signals from Richemont and Cucinelli./ag/bek

Publication of the original study: January 21, 2025 / Time not specified in the study / CET

First distribution of the original study: January 21, 2025 / 7:46 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 9, 2025
RBC raises target for LVMH to 700 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for LVMH from €650 to €700 ahead of the start of the reporting season and maintained its rating at "Outperform." Sales trends among luxury goods groups are expected to have stabilized in the past quarter, wrote analyst Piral Dadhania in an industry report released Thursday. He sees opportunities in the US, while at least he does not expect any further deterioration in China. LVMH and Richemont are likely to be the most robustly positioned, while Kering and Swatch face risks. In the sporting goods sector, Dadhania prefers Adidas due to its superior sales growth compared to Puma, but expects both companies to post strong figures for the past quarter. The focus for both should also be on the outlook.

Publication of the original study: January 9, 2025 / 1:03 AM / EST

First distribution of the original study: January 9, 2025 / 1:03 AM / EST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 9, 2025
Berenberg raises target for LVMH to 720 euros - 'Buy'

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has raised its price target for LVMH from €695 to €720 and maintained its "Buy" rating. Economic news will continue to dominate the luxury sector in 2025, wrote analyst Nick Anderson in his industry outlook published Friday. He expects greater volatility in the sector. The market is overestimating the impact of US import tariffs, while underestimating the headwinds in China. Against this backdrop, a defensive equity strategy is crucial. Anderson favors stocks of companies that are expanding market share, such as Brunello Cucinelli, Hermes, and LVMH./ajx/zb

Publication of the original study: January 9, 2025 / 4:45 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
January 1, 2025
UBS maintains LVMH at 'Neutral' - Target 648 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for LVMH at "Neutral" with a price target of €648. Investor sentiment toward the luxury sector has recently improved somewhat, wrote analyst Zuzanna Pusz in an outlook on the companies' upcoming quarterly reports published Thursday. However, this is offset by a shaky economy and a certain "luxury fatigue." LVMH shares have little upside potential to their target price among the 14 stocks evaluated./bek/gl

Publication of the original study: January 1, 2025 / 10:57 PM / GMT. First distribution of the original study: January 1, 2025 / 10:57 PM / GMT.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 11, 2024
RBC maintains LVMH at 'Outperform' - target 650 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained an "outperform" rating on LVMH with a price target of €650. The improving US economy is supporting shares of luxury goods and sporting goods manufacturers, analyst Piral Dadhania wrote in an industry outlook for 2025 published Thursday. Recent data, including from China, strengthened his confidence in a stabilization of sales starting in the current quarter. In the luxury goods sector, he favors LVMH, Burberry, and Watches of Switzerland, and in the sporting goods sector, Adidas. The company's diversification, economies of scale, and status as a leader in the industry speak in favor of LVMH./gl/mis

Publication of the original study: December 11, 2024 / 8:19 PM / EST. First distribution of the original study: December 12, 2024 / 12:45 AM / EST.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 5, 2024
Goldman lowers target for LVMH to 720 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for LVMH from €770 to €720, but maintained its "Buy" rating. In her industry outlook published Friday, analyst Louise Singlehurst expects Europe's luxury goods manufacturers to achieve average sales growth of 3 percent in 2025, adjusted for currency effects – half the long-term average. Given the share price decline since the beginning of the year, support from the valuation side is increasing. With consensus estimates already pointing to growth in Western markets, the decisive factor remains the course of a recovery in China. However, developments at individual companies are likely to diverge. Singlehurst favors LVMH, Moncler, and Prada due to their potential for market share gains and their attractive valuations – she upgraded the latter two to "Buy." Due to the industry's low growth, it is still too early to bet on turnaround stories like Kering./gl/ag

Publication of the original study: December 5, 2024 / 11:21 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
December 2, 2024
UBS raises target for LVMH to 648 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for LVMH from 629 to 648 euros, but maintained its rating at "neutral." The dominant force in the luxury sector is feeling the effects of short-term uncertainty, analyst Zuzanna Pusz wrote in her outlook published on Tuesday. It is waiting for more sales momentum or a more favorable valuation./ag/mne

Publication of the original study: December 2, 2024 / 5:06 p.m. / GMT

First distribution of the original study: December 3, 2024 / Time not specified in the study / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 29, 2024
JPMorgan lowers target for LVMH to 650 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for LVMH from €685 to €650, but maintained its rating at "Neutral." According to her outlook for the luxury goods industry released on Monday, analyst Chiara Battistini expects another difficult year with a hunt for growth./ag/zb

Publication of the original study: November 29, 2024 / 6:31 p.m. / GMT

First distribution of the original study: December 2, 2024 / 12:15 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
November 24, 2024
UBS maintains LVMH at 'Neutral' - Target 629 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on LVMH with a price target of €629. Analyst Zuzanna Pusz wrote in her outlook published Monday that no improvement is expected in the luxury goods group's US cognac business in 2025, citing discussions with a local industry consultant. Potential import duties are an additional risk./gl/ag

Publication of the original study: November 24, 2024 / 10:51 PM / GMT First distribution of the original study: November 24, 2024 / 10:51 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 29, 2024
Berenberg starts LVMH with 'Buy' - target 695 euros

HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has initiated its "Buy" rating on LVMH shares, with a price target of €695. The European luxury goods industry is suffering from "China syndrome," wrote Nick Anderson in his analysis published Wednesday. The shares are essentially a call option on the economic situation, with China as a decisive factor. Initially thought to be temporary headwinds could prove more persistent. Anderson is betting on Brunello Cucinelli, Hermes, and LVMH. He rates watch manufacturer Swatch as the weakest and recommends selling it./ag/mis

Publication of the original study: October 29, 2024 / 5:25 PM / GMT

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 16, 2024
Deutsche Bank Research lowers target for LVMH to 670 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for LVMH from €750 to €670 following quarterly results, but maintained its "Hold" rating. The luxury goods group's key figures were weak, wrote analyst Adam Cochrane in a report released Wednesday. It reduced its earnings forecasts (EBIT) for 2024 and 2025 by up to 10 percent./edh/bek

Publication of the original study: October 16, 2024 / Time not specified in the study / CET

First distribution of the original study: October 16, 2024 / 8:02 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 16, 2024
Goldman lowers target for LVMH to 770 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for LVMH from €815 to €770 following third-quarter sales figures, but maintained its "Buy" rating. The luxury goods manufacturer missed expectations, wrote analyst Louise Singlehurst in a report released Wednesday. The French have likely set the stage for other companies in the industry as well./bek/mis

Publication of the original study: October 16, 2024 / 6:59 a.m. / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 16, 2024
JPMorgan lowers target for LVMH to 685 euros - 'Neutral'

NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for LVMH from €720 to €685 following sales figures and left the rating at "Neutral." These were weaker than expected, analyst Chiara Battistini wrote in a report released Wednesday. The luxury goods manufacturer was particularly unable to allay investors' concerns about the important Chinese sales market./bek/mf

Publication of the original study: October 16, 2024 / 12:29 AM / BST

First distribution of the original study: October 16, 2024 / 12:51 AM / BST

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 15, 2024
Jefferies lowers target for LVMH to 560 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - Research firm Jefferies lowered its price target for LVMH from €600 to €560 following third-quarter sales figures and maintained its "Hold" rating. These were a tough start to a long season of earnings from the industry, analyst James Grzinic wrote in a report released Wednesday. The news from LVMH underscored the extent to which the luxury goods industry has struggled in recent months./bek/mf

Publication of the original study: October 15, 2024 / 4:52 PM / ET

First distribution of the original study: October 15, 2024 / 4:52 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 15, 2024
UBS lowers target for LVMH to 629 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS lowered its price target for LVMH from €660 to €629 following third-quarter sales figures and left the rating at "Neutral." A significantly weaker-than-expected quarter is likely to dampen investor sentiment, analyst Zuzanna Pusz wrote in a study released Wednesday. Demand for luxury goods has weakened not only in China, but also elsewhere./bek/la

Publication of the original study: October 15, 2024 / 9:03 PM / GMT

First distribution of the original study: October 15, 2024 / 9:03 PM / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 15, 2024
RBC lowers target for LVMH to 710 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for LVMH from €760 to €710 following third-quarter sales figures, but maintained the rating at "Outperform." Revenue figures were even worse than feared, analyst Piral Dadhania wrote in a study released Wednesday. In the Fashion & Leather division, sales excluding acquisitions declined by five percent. In contrast, a small increase was expected./bek/ck

Publication of the original study: October 15, 2024 / 10:25 PM / EDT

First distribution of the original study: October 16, 2024 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 15, 2024
RBC maintains LVMH at 'Outperform' - target 760 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained an "outperform" rating on LVMH following the luxury goods group's third-quarter sales figures, with a price target of €760. All divisions missed expectations, wrote analyst Piral Dadhania in a commentary published Tuesday.

Publication of the original study: October 15, 2024 / 12:08 / EDT First distribution of the original study: October 15, 2024 / 12:08 / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 15, 2024
UBS leaves LVMH at 'Neutral' - Target 660 euros

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on LVMH following the luxury goods group's third-quarter sales figures, with a price target of €660. The development was particularly disappointing in the most important and profitable segment of fashion and leather goods, analyst Zuzanna Pusz wrote in an initial reaction on Tuesday.

Publication of the original study: October 15, 2024 / 4:21 p.m. / GMT First distribution of the original study: October 15, 2024 / 4:21 p.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 7, 2024
RBC maintains LVMH at 'Outperform' - target 760 euros

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for LVMH at "Outperform" with a price target of €760. In his industry analysis published Tuesday, Piral Dadhania revised his list of the best investment ideas in the European luxury goods and sporting goods sector, also reflecting the recent outlook in China. He views the luxury segment more neutrally than last year due to several profit warnings, but LVMH and Watches of Switzerland remain his preferred stocks. Adidas is growing fastest in the sporting goods business./tih/ag

Publication of the original study: October 7, 2024 / 5:33 p.m. / EDT

First distribution of the original study: October 8, 2024 / 12:45 a.m. / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
October 2, 2024
Deutsche Bank Research lowers target for LVMH to 750 euros - 'Hold'

FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for LVMH from €790 to €750, but maintained its "Hold" rating. Investor uncertainty in the luxury goods sector is extremely high, wrote Adam Cochrane in his industry analysis published Wednesday. Expectations for the third and fourth quarters have declined. The big question mark now lies over 2025, the cyclical or structural weakness in demand in China, and the effectiveness of the economic stimulus measures there. Cochrane cut its estimates for the second half of 2024 and 2025./ag/tav

Publication of the original study: October 2, 2024 / Time not specified in the study / CET

First distribution of the original study: October 2, 2024 / 4:03 a.m. / CET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 25, 2024
RBC lowers target for LVMH to 760 euros - 'Outperform'

NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for LVMH from €800 to €760 ahead of the third-quarter earnings season, leaving the rating at "outperform." Market expectations in the luxury goods sector already reflect subdued demand in most major markets, analyst Piral Dadhania wrote in a report released Thursday. Existing challenges, such as higher prices, have not yet been resolved. He expects only limited organic growth with stagnating margins. However, LVMH remains its preferred sector stock alongside Watches of Switzerland./tih/ajx

Publication of the original study: September 25, 2024 / 6:53 PM / EDT

First distribution of the original study: September 26, 2024 / 12:45 AM / EDT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 23, 2024
UBS lowers target for LVMH to 660 euros - 'Neutral'

ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for LVMH from €729 to €660, but left its rating at "Neutral." There is no recovery in sight, wrote analyst Zuzanna Pusz in her outlook on the luxury group's quarterly report published on Tuesday./ag/gl

Publication of the original study: September 23, 2024 / 9:45 a.m. / GMT First distribution of the original study: September 23, 2024 / 9:45 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 20, 2024
Goldman lowers target for LVMH to 815 euros - 'Buy'

NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for LVMH from €930 to €815, but maintained its "Buy" rating. Conditions in the luxury goods sector are currently challenging, wrote analyst Louise Singlehurst in her industry commentary published Friday. Shares have already factored in some of these challenges with their weakness, but she still sees downside risks. She lowered her estimates across the board, also due to the assumption of a higher weighted cost of capital. However, LVMH remains one of their "top picks" due to its economies of scale and better cost control./tih/ag

Publication of the original study: September 20, 2024 / 5:33 a.m. / BST

First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 19, 2024
Jefferies lowers target for LVMH to 600 euros - 'Hold'

NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has lowered its price target for LVMH from €690 to €600, but maintained its "Hold" rating. Market expectations for the luxury goods sector have declined by a mid-single-digit percentage over the past month, analyst James Grzinic wrote in his commentary published Friday. He himself fell significantly below consensus with his operating earnings estimate. In some cases, its capped price targets are at the lowest level of all experts./ag/stk

Publication of the original study: September 19, 2024 / 1:42 PM / ET

First distribution of the original study: September 19, 2024 / 7:01 PM / ET

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 9, 2024
Bernstein maintains LVMH at 'Outperform' - Target 805 euros

NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained an "outperform" rating on LVMH with a price target of €805. August data showed a third consecutive quarter of declining growth momentum in tax-free purchases in mainland Europe and the Asia-Pacific region, analyst Luca Solca wrote in an industry commentary released Tuesday. However, flight data for September showed a recovery in capacity. While Solca remains largely defensive on the luxury goods sector, he is more optimistic than the market consensus for 2025. He recommends expanding positions in quality stocks such as his favorite Hermes, as well as Richemont and LVMH. Among the more defensive sector stocks, Solca prefers Moncler to Prada./gl/ag

Publication of the original study: September 9, 2024 / 8:23 p.m. / UTC. First distribution of the original study: September 10, 2024 / 5:30 a.m. / UTC.

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
September 9, 2024
Barclays lowers target for LVMH to 795 euros - 'Overweight'

LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for LVMH from €860 to €795, but maintained its rating at "Overweight." Analyst Carole Madjo, with a more skeptical view, returns from a trip out of China with a reality check. According to her industry commentary released on Monday, she now expects prolonged weakness due to structural issues. She sees Kering and Burberry as victims of increased polarization./ag/mis

Publication of the original study: September 9, 2024 / 4:37 a.m. / GMT

First distribution of the original study: September 9, 2024 / 4:45 a.m. / GMT

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
August 29, 2024
Bernstein maintains LVMH at 'Outperform' - Target 805 euros

NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for LVMH at "Outperform" with a price target of €805. Investors have become accustomed to the assumption that LVMH is less vulnerable to fashion cycles than most other players in the luxury segment, analyst Luca Solca wrote in a study released Thursday. This is largely correct and evident in the organic growth of the fashion and leather goods division compared to brands like Gucci or Prada. However, a comparison with Hermes is the better approach here, as it shows that LVMH is not entirely immune to such cycles./tih/gl

Publication of the original study: August 29, 2024 / 5:54 a.m. / UTC First distribution of the original study: August 29, 2024 / 5:54 a.m. / UTC

Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

Price targets

Analyst ratings

UBS raises target for LVMH to 513 euros - 'Neutral'

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Goldman raises target for LVMH to 625 euros - 'Buy'

Berenberg maintains LVMH 'Buy' rating - target 550 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

RBC maintains LVMH at 'Outperform' - target 550 euros

Jefferies raises target for LVMH to 470 euros - 'Hold'

JPMorgan leaves LVMH at 'Neutral' - target 525 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

RBC maintains LVMH at 'Outperform' - target 550 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

RBC maintains LVMH at 'Outperform' - target 550 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Berenberg lowers target for LVMH to 550 euros - 'Buy'

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Deutsche Bank Research lowers target for LVMH to 520 euros - 'Hold'

Jefferies lowers target for LVMH to 450 euros - 'Hold'

JPMorgan lowers target for LVMH to 525 euros - 'Neutral'

UBS maintains LVMH at 'Neutral' - Target 487 euros

JPMorgan leaves LVMH at 'Neutral' - Target 540 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Barclays lowers target for LVMH to 520 euros - 'Equal Weight'

Goldman lowers target for LVMH to 600 euros - 'Buy'

RBC maintains LVMH at 'Outperform' - target 550 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

RBC lowers target for LVMH to 550 euros - 'Outperform'

Berenberg maintains LVMH 'Buy' - target 570 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Goldman lowers target for LVMH to 610 euros - 'Buy'

Bernstein maintains LVMH at 'Outperform' - target 600 euros

JPMorgan lowers target for LVMH to 540 euros - 'Neutral'

RBC maintains LVMH at 'Outperform' - target 680 euros

Jefferies lowers target for LVMH to 460 euros - 'Hold'

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Barclays lowers LVMH to 'Equal Weight' - target 550 euros

Bernstein maintains LVMH at 'Outperform' - target 600 euros

Berenberg lowers target for LVMH to 570 euros - 'Buy'

Jefferies lowers target for LVMH to 510 euros - 'Hold'

Deutsche Bank Research lowers target for LVMH to 565 euros - 'Hold'

JPMorgan lowers target for LVMH to 610 euros - 'Neutral'

RBC lowers target for LVMH to 680 euros - 'Outperform'

UBS leaves LVMH at 'neutral' after sales figures

RBC maintains LVMH's 'Outperform' rating after sales figures

Deutsche Bank Research lowers target for LVMH to 580 euros - 'Hold'

JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

RBC maintains LVMH at 'Outperform' - target 750 euros

RBC lowers target for LVMH to 750 euros - 'Outperform'

UBS lowers target for LVMH to 650 euros - 'Neutral'

Bernstein maintains LVMH at 'Outperform' - target 800 euros

Bernstein maintains LVMH at 'Outperform' - target 800 euros

JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

Bernstein maintains LVMH at 'Outperform' - target 800 euros

Berenberg raises target for LVMH to 740 euros - 'Buy'

RBC raises target for LVMH to 780 euros - 'Outperform'

Bernstein raises target for LVMH to 800 euros - 'Outperform'

Berenberg maintains LVMH 'Buy' - target 720 euros

Deutsche Bank Research raises target for LVMH to 695 euros - 'Hold'

Goldman raises target for LVMH to 755 euros - 'Buy'

UBS raises target for LVMH to 745 euros - 'Neutral'

Bernstein maintains LVMH at 'Outperform' - target 700 euros

JPMorgan leaves LVMH at 'Neutral' - Target 650 euros

Jefferies maintains LVMH on 'Hold' - target 670 euros

RBC maintains LVMH at 'Outperform' - target 700 euros

UBS maintains LVMH at 'Neutral' - Target 648 euros

Barclays maintains LVMH at 'Overweight' - target 770 euros

Jefferies raises target for LVMH to 670 euros - 'Hold'

UBS maintains LVMH at 'Neutral' - Target 648 euros

Deutsche Bank Research raises target for LVMH to 690 euros - 'Hold'

RBC raises target for LVMH to 700 euros - 'Outperform'

Berenberg raises target for LVMH to 720 euros - 'Buy'

UBS maintains LVMH at 'Neutral' - Target 648 euros

RBC maintains LVMH at 'Outperform' - target 650 euros

Goldman lowers target for LVMH to 720 euros - 'Buy'

UBS raises target for LVMH to 648 euros - 'Neutral'

JPMorgan lowers target for LVMH to 650 euros - 'Neutral'