LVMH Moët Hennessy - Louis Vuitton shares rose 1.89% to close at €460.85, tracking a broader global market rally as the Dow Jones surpassed the 50,000 milestone for the first time.
- The stock's gains were supported by strong US market performance and positive progress in the Trump-Xi summit regarding the Strait of Hormuz.
- Analyst consensus remains a HOLD with an average price target of €599.06, representing a potential 26.73% upside.
- Morningstar maintains a fair value estimate of €669.00, suggesting the luxury group is currently undervalued.