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Weekly Trader and Bond Markets 04.06.2024- LVMH, Visa & DCC

04.06.2024



Opportunities this week:

  • We believe it is an opportune time to highlight LVMH as a buying opportunity, due to the expectation that LVMH’s organic growth reaches an inflection point in Q2’24, coupled with the recent selloff in its shares. (BUY PT: €821)
  • Following a period of under-performance, we are upgrading Visa to a BUY rating. (BUY PT: $302)
  • We reiterate our upgraded target price on DCC. (BUY PT: £71)