LVMH Stock Climbs 2% and Breaks Through €491 Resistance
The world's leading luxury company accelerates at midday in Paris, within a well-oriented CAC 40. The stock confirms the recovery momentum that began since late May in the sector, despite a target price reduction by Berenberg.
The Stock Breaks Through Its Resistance at €491.25 and Rises Above Its Short-Term Averages
LVMH is up 1.88% at €496.80 at mid-session, among the strongest gains in the CAC 40, which is up by 0.81%. The price is now trading 5% above its 20 and 50-day moving averages, which are aligned around €472, confirming the exit from the consolidation zone in which the stock has been since mid-May. The RSI at 58 supports the movement without indicating any tension. However, the 200-day moving average, at €542.58, remains significantly above the current price (a gap of -8.44%), reflecting the underlying pressure still weighing on the stock, which has declined by 1.53% over three months. The rebound follows a successful test of the support at €444.95 last month.
Berenberg Lowers Target to €420 Despite Today's Rebound
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
In terms of recommendations, Berenberg today lowered its target price from €560 to €420 while changing its rating to 'hold'. The new target is 15% below the current price, reflecting the ongoing reservations of the analysis firm about the demand environment, particularly in China where the luxury market remains weak (jewelry and gold sales down 21.3% year-on-year in April according to NBS). Today's price movement disregards this revision and is part of the broader recovery in the Parisian luxury sector. French exports of wines and spirits show a decline of 4% in value in the 2024 report, a backdrop that weighs on the fundamentals of the sector.
« LVMH démontre sa solidité et l'efficacité de sa stratégie. »
Le premier semestre 2026 affiche des ventes de 38 644 M€, en recul publié de 3 % mais en croissance organique de 2 %, avec une accélération au deuxième trimestre (+3 % en organique, +4 % hors impact du conflit au Moyen-Orient). Le résultat opérationnel courant atteint 8 691 M€ pour une marge de 22,5 % et le résultat net part du Groupe est stable à 5 697 M€. La dette financière nette recule de 19 % à 8 245 M€ et le cash-flow disponible d'exploitation progresse de 2 % à 4 100 M€. Les États-Unis accélèrent, l'Asie hors Japon progresse fortement, effet de change de -5 % et effet périmètre de -1 %.
Risks mentioned
Contexte géopolitique et économique perturbé, amplifié par le conflit au Moyen-Orient
Effet de change négatif de -5 % pesant sur les ventes et le résultat opérationnel
Effet périmètre défavorable de -1 % lié aux cessions (DFS, Marc Jacobs)
Ventes Mode et Maroquinerie en recul de 5 % en publié sur le semestre
Opportunities identified
Succès des premières créations de Jonathan Anderson pour Christian Dior
Nouveaux flagships Louis Vuitton de Pékin et Séoul aux excellents résultats
Accélération de Montres et Joaillerie : Tiffany et Bvlgari, record de ventes Eclettica
Reprise du Champagne et du Cognac, bonne dynamique de Hennessy en Chine
Sephora gagne des parts de marché et s'implante en Belgique et en Croatie
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
