German construction sector still in recession, civil engineering only bright spot
The price target increase to €840 is based on a 28x multiple of TD Cowen’s newly revised fiscal year 2026 earnings per share (EPS) estimates. The research firm’s continued endorsement of a Buy rating for LVMH (EPA:LVMH) is grounded in the belief that the company’s diverse portfolio of leading luxury brands represents a long-term, high-quality investment opportunity. Trading at a P/E ratio of 27.1x, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors seeking deeper insights into LVMH’s valuation metrics and 13 additional ProTips can access comprehensive analysis through an InvestingPro subscription. Trading at a P/E ratio of 27.1x, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors seeking deeper insights into LVMH’s valuation metrics and 13 additional ProTips can access comprehensive analysis through an InvestingPro subscription.
The price target increase to €840 is based on a 28x multiple of TD Cowen’s newly revised fiscal year 2026 earnings per share (EPS) estimates. The research firm’s continued endorsement of a Buy rating for LVMH is grounded in the belief that the company’s diverse portfolio of leading luxury brands represents a long-term, high-quality investment opportunity. Trading at a P/E ratio of 27.1x, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors seeking deeper insights into LVMH’s valuation metrics and 13 additional ProTips can access comprehensive analysis through an InvestingPro subscription.
The firm also pointed out a shift in LVMH’s U.S. sales composition in the second half of the year, with a more balanced growth across different product categories. This contrasted with the first half, which was predominantly driven by Sephora’s growth. Despite luxury stocks trading near or at peak trailing twelve-month (TTM) multiples due to the year-to-date stock performance across the sector, TD Cowen remains confident in LVMH’s value proposition.
The price target increase to €840 is based on a 28x multiple of TD Cowen’s newly revised fiscal year 2026 earnings per share (EPS) estimates. The research firm’s continued endorsement of a Buy rating for LVMH is grounded in the belief that the company’s diverse portfolio of leading luxury brands represents a long-term, high-quality investment opportunity.
In other recent news, LVMH Moet Hennessy Louis Vuitton SE (OTC:LVMUY) has been a focal point for financial analysts. The luxury goods company recently reported its fourth-quarter sales, which showed a modest 2% beat against consensus sales estimates, with organic growth reported at +1%. Despite mixed results in different regions, Morgan Stanley (NYSE:MS) maintained its Overweight rating on LVMH, accompanied by a steady price target of EUR820.00.
Furthermore, Jefferies raised the company’s stock price target to €670 while maintaining a hold rating, anticipating a clearer picture of the luxury market’s direction from LVMH’s fourth-quarter update. BofA Securities upgraded LVMH’s stock rating to buy and increased its target to €735, based on improving trends in luxury demand, controlled cost growth, and a shift from foreign exchange headwinds to tailwinds.
Berenberg initiated coverage of LVMH with a buy rating, citing the company’s robust business model and growth resilience. However, the company’s third-quarter revenue fell short of expectations, marking a 5% miss and an 8% decline in profit from recurring operations, totaling €10.7 billion. Despite this, TD Cowen reaffirmed its buy rating on LVMH, emphasizing the stock’s favorable price-to-earnings ratio and free cash flow yield. These recent developments indicate a cautious but still promising view of LVMH’s investment appeal.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.