Lvmh Moet Hennessy Louis Vuitton SE

MC: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€725.00	Znpxv	Jrmjqdsc

LVMH: Growth Weakens to 3% as Shares Remain Modestly Overvalued

Jelena Sokolova

Apr 17, 2024

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.

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