LVMH Stock Rebounds to €459.90 Despite Two Lowered Price Targets
The stock of the world's leading luxury group is regaining ground in the mid-afternoon, trading at €459.90, amidst a 0.74% rise in the CAC 40. The rebound comes two days after two downward adjustments in price targets, which still maintain a buy rating. The stock remains under longer-term pressure, having fallen 14.34% over the year.
LVMH Among the Top Gainers in the CAC 40 Despite Underlying Negative Momentum
LVMH is up 1.68% at €459.90 and ranks among the top gainers in the CAC 40 session. This movement contrasts with the recent trajectory of the stock, which has still lost 10.56% over three months. The price remains below its moving averages (MM20: €468.17, MM50: €475.60, MM200: €542.28); the MM20 is 1.77% above the current price and the MM200 more than 15% above. The RSI at 41 indicates the fragility that has been in place for several weeks, without a marked oversold signal. In the Bollinger bands, the stock is in the lower part at 37%, away from the identified support at €444.95. Today's rebound does not alter the fundamental reading: the stock continues in the downward channel observed since February, whose upper boundary coincides with the resistance at €499.40.
Rothschild and HSBC Lower Their Targets While Maintaining Buy Recommendations
Two firms revised their price targets on May 12. Rothschild & Co Redburn reduced its target from €825 to €565, a cut of about 31%, but retains its buy opinion. HSBC lowered its target from €650 to €600, also maintaining a positive view. Based on the current price, both targets offer a theoretical potential of 23% to 30%. In terms of valuation, the stock is trading at about 20.4 times the expected earnings for the current fiscal year, compared to an average of 14.6 times for the Consumer Discretionary sector. The expected EPS growth from one fiscal year to the next is 15.3% according to the consensus of 19 analysts updated on May 8. The sector context remains mixed in Asia: according to official Chinese data from March 2026, sales of jewelry and gold increased by 11.7% year-on-year, while total retail trade only advanced by 1.7%. As a reminder, the general meeting on April 23 approved a dividend of €13.00 per share for 2025. The support at €444.95, tested at the beginning of May, remains the next graphical reference to follow.
