LVMH Moet Hennessy Louis Vuitton SA Receives “Hold” Rating from Societe Generale (MC)
Oh, good grief. Because obviously, you dont have enough shoes in your collection already, July 15 marks the launch of the Louis Vuitton Shoe Salon (a.k.a. heaven) within the department stores Shoe Hall. Alongside a carefully curated selection of the brands luxury footwear, therell also be a limited edition LV heel on sale, titled the “Pump London.” As exclusive as it sounds, it’s actually even more so. Turns out, there are only 24 pairs of the pump being made, so expect hair pulling and elbow jabbing. Pics reveal the heel is as glorious as we’d hoped, made up in a mix of silk, satin, metallic calfskin blend, and hand-embroidered sequins. So seriously, start planning your winning tactics. Photo: Courtesy of Louis Vuitton
How the Louis Vuitton Cup changed the sport
And with its cavernous interior, versatile side drawstrings to adjust the shape of the bag, and impeccable construction (this is Louis Vuitton, after all), it might just be the perfect carryall. So you can imagine our excitement when we learned that for the first time, the iconic French brand released a collection of Neverfull totes in a dazzling array of colored Epi leather. Now, you may be asking what’s so hot about Epi leather, especially since it’s ribbed and structured rather than soft and supple. That raised texture means that it can withstand a beating (read: this bag knows how much it’s going to be used, and it’s ready to last a lifetime). But the best part about this new collection just may be the colors. You can now get a Neverfull in seven hues, from bright blue to deep red and brilliant orange. If there’s a way to add an instant burst of chromatic personality to your outfit, this is it. We love the idea of the blue for Summer perfectly paired with a white sundress but if you’re looking to get a little more mileage out of your bag, we could totally see carrying the purple or red Neverfull straight into Fall.
Louis Vuitton Leather Neverfull Pictures
Round-robin qualifying races begin Sunday, and continue until the start of the semifinals on Aug. 6, with the finals running from Aug. 17 to 30. “The first Vuitton Cup was a big deal,” Trouble said. “We got a lot of coverage for that.” Despite the low number of challengers vying this year for the chance to go up against defender Oracle Team USA in September, Trouble is pleased with what is expected to be unprecedented coverage of the regatta by national networks led by NBC. He also said this year’s competition continues another long tradition of the Louis Vuitton Cup. “We have great memories of the big personalities involved in the Cup,” Trouble said. “All of these big personalities are a key element in the legend of the America’s Cup.” The big personalities this year include Oracle co-founder Larry Ellison , whose team won the Cup in 2010 in Valencia, Spain; Swedish tycoon Torbjorn Tornqvist of Artemis Racing; sailing legend Grant Dalton of Emirates Team New Zealand; and Patrizio Bertelli , the Italian entrepreneur and head of the fashion house Prada, whose team is Luna Rossa. Bertrand, another big personality – and the Australian who ended the longest winning streak in sports for America in the waters off Newport, R.I., in 1983 – recalled that the first Louis Vuitton series was an “intense battle (that) allowed us to raise our performance level.
Nomura Reiterates “Buy” Rating for LVMH Moet Hennessy Louis Vuitton SA (MC)
They now have a 171.00 ($222.08) price target on the stock. Separately, analysts at Societe Generale reiterated a hold rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Tuesday, July 9th. They now have a 140.00 ($181.82) price target on the stock. Finally, analysts at BNP Paribas reiterated a neutral rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, July 8th. They now have a 145.00 ($188.31) price target on the stock. Six research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the companys stock. The company has an average rating of Buy and a consensus price target of 152.04 ($197.45). LVMH Moet Hennessy Louis Vuitton SA ( EPA: MC ) opened at 133.75 on Friday. LVMH Moet Hennessy Louis Vuitton SA has a 1-year low of 115.40 and a 1-year high of 143.40. The stocks 50-day moving average is currently 125.6.
MC has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated a neutral rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday. They now have a 145.00 ($185.90) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an outperform rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Monday, June 17th. They now have a 165.00 ($211.54) price target on the stock. Finally, analysts at AlphaValue reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton SA in a research note to investors on Thursday, June 13th.