LVMH : price target raised by Oddo BHF
On the whole, the research firm considers the first-quarter publication 'rather reassuring, even if growth in the fashion and leather goods division is confirmed to be a little sluggish at this stage'.
In addition, Oddo BHF notes that the share's lacklustre performance at the start of the year 'leads to a slightly more perceptible discount of its PE and EV/EBIT multiples to the sector's weighted average, at close to -7%/-8%'.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction