The recent downturn has taken LVMH Moët Hennessy Vuitton SE shares close to a medium term support level around 209.25 EUR. The timing for a long trade in the stock appears good. Investors have an opportunity to buy the stock and target the € 233.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 209.25 support.
The group's activity appears highly profitable thanks to its outperforming net margins.
Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
Sales forecast by analysts have been recently revised upwards.
Over the last twelve months, the sales forecast has been frequently revised upwards.
For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The tendency within the weekly time frame is positive above the technical support level at 185.1 EUR
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