BNP Paribas Downgrades LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) to Neutral

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was downgraded by equities research analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday,Briefing.com Automated Import reports.

Several other research analysts have also recently issued reports on the stock. Kepler Capital Markets raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Bank of America upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. Finally, Hsbc Global Res downgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne currently has a consensus rating of “Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

Shares of LVMUY opened at $114.15 on Tuesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $106.48 and a 1 year high of $183.65. The company’s 50-day simple moving average is $126.83 and its 200-day simple moving average is $131.67.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.