Lvmh Moet Hennessy Louis Vuitton SE
MC: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^H# | LOCK|?& | LOCK|$jZ&%f |
LVMH: Growth Weakens to 3% as Shares Remain Modestly Overvalued
We are maintaining our fair value estimate of EUR 670 for wide-moat LVMH as the company reported an expected slowdown in growth trends in the first quarter. We view shares as modestly overvalued at current levels.
