LVMH (MC)

Index:

CAC 40

  574.90
   
  • Change Today:
     -0.50
  • 52 Week High:  872.80
  • 52 Week Low:  566.90
  • Currency: Euro
  • Shares Issued: 502.05m
  • Volume: 361,231
  • Market Cap:  288,627m
  • Beta: 1.48

Barclays initiates coverage of 11 luxury stocks after de-rating

By Michele Maatouk

Date: Wednesday 22 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.
The bank said it's a secular growth and high-quality sector that has been trading at all-time highs, but the recent de-rating presents a "buying opportunity".

Barclays stated Swatch, Prada, LVMH, Richemont and Kering at 'overweight'. Meanwhile, Hermes, Moncler, Mulberry and Burberry were started at 'equalweight'. Tod's and Ferragamo were started at 'underweight' .

The bank said its preferred names are Swatch and LVMH, while its least preferred is Tod's.

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LVMH Market Data

Currency Euro
Share Price   574.90
Change Today   -0.50
% Change -0.09 %
52 Week High  872.80
52 Week Low  566.90
Volume 361,231
Shares Issued 502.05m
Market Cap  288,627m
Beta 1.48

What The Brokers Say

Strong Buy 6
Buy 10
Neutral 11
Sell 0
Strong Sell 0
Total 27
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 21-Nov-2024

Time Volume / Share Price
17:38 2 @  574.90
17:38 13 @  574.90
17:38 8 @  574.90
17:38 15 @  574.90
17:38 22 @  574.90

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