Over 40 years’ heritage
185,800 clients worldwide
Over 15,000 markets

Luxury companies power ahead

IG analyst Laurent Bakhtiari looks at two luxury companies, Kering and LVMH. 

Kering reported better-than-expected results and Laurent says he is looking for it to head to EUR 190 by the end of the year. LVMH reported a 15% increase in first-half earnings and is confident for the rest of the year. Laurent is targeting EUR 180.

Trade now

Live Kering | LVMH prices

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.