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Upgrading Luxury to Neutral, LVMH added to our ODDO BHF European Large Caps list
We have this morning added LVMH to our ODDO BHF European Large Caps recommended stocks list, following our analyst's upward revision to the target price (+19%) on the stock (€ 695 vs €585, Outperform rating). We are taking this opportunity to raise our sector rating from Underweight to Neutral on the Stoxx Consumer Products & Services sector, which is mainly composed of luxury goods companies.
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Thomas Zlowodzki
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