LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

The core fashion and leather goods business—which houses Louis Vuitton and Dior—recorded revenue of €11.14 billion for the quarter, surpassing analysts’ forecasts of €10.915 billion.

Barclays analyst Carole Madjo maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a price target

Goldman Sachs analyst Louise Singlehurst maintained a Buy rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) today and set a

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics ...

LVMH Moet Hennessy Louis Vuitton SE followed other luxury goods groups and delivered better-than-anticipated sales growth in the final three months of the year. But the outperformance wasn’t as spectacular as that of Cartier-owner Cie Financiere Richemont SA, or even troubled British brand Burberry Group Plc, which both trounced expectations.

Louis Vuitton, Société Européenne (OTCMKTS:LVMUY – Free Report) from a neutral rating to a buy rating in a research report released on Thursday morning, Marketbeat Ratings reports. A number of other equities analysts also recently commented on LVMUY.

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LVMH Moët Hennessy - Louis Vuitton, Société Européenne operates ... Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc ...

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.