LVMH Moët Hennessy Vuitton SE shares have been fluctuating horizontalally for several weeks. As the share price approaches the lower bounds, a buying opportunity could arise. Investors should buy the stock at current prices near € 237.8 in order to target the € 260.
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.
The group's activity appears highly profitable thanks to its outperforming net margins.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The stock is in a well-established, long-term rising trend above the technical support level at 213.15 EUR
The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.