$LVMH Louis Vuitton Moët Hennessy
Louis Vuitton Moët Hennessy is an international French luxury conglomerate with 75 subsidiaries in the luxury goods sector, whose headquarters are in Paris, France.
The corporation operates over 5,000 stores in fashion, jewelry, perfumes, wines, and spirits worldwide!
Among the company's brands are the following: DIOR, GIVENCHY, HUBLOT, MOET, FENDI, KENZO, BULGARI, CHANDON, LOUIS VUITTON, FRED. (Appears in the image)
The conglomerate's market cap is €370 billion!
The company grows at an average rate of 15% per year, however, the coronavirus impacted the company's growth rate in 2020 and lowered the average to 8.5% (after coronavirus adjustment, based on the last 5 years).
Analysts: Selected analysts including Morgan Stanley, Deutsche Bank, Credit Suisse, JPMorgan, Citigroup, Goldman Sachs give the stock an average price target of $600! An upside of 300%!
A link is attached - https://www.marketbeat.com/stocks/OTCMKTS/LVMUY/price-target/
The company is originally traded on the Paris Stock Exchange under the symbol MC.
And on OTC under the symbol LVMUY (current price 146.85).
The stock is a value investment and manages to beat the leading indices over any period!
Nothing stated herein should be considered a recommendation to act!