LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and four have given a strong buy recommendation to the company.

Several equities analysts have issued reports on LVMUY shares. Deutsche Bank Aktiengesellschaft upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 28th. DZ Bank upgraded LVMH-Moet Hennessy Louis Vuitton to a “hold” rating in a research note on Monday, October 20th. Berenberg Bank downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Finally, Morgan Stanley upgraded LVMH-Moet Hennessy Louis Vuitton from an “equal weight” rating to an “overweight” rating in a report on Monday, October 6th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

OTCMKTS:LVMUY opened at $148.50 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 0.72. The stock’s 50 day simple moving average is $146.27 and its 200-day simple moving average is $128.27. LVMH-Moet Hennessy Louis Vuitton has a 12-month low of $101.80 and a 12-month high of $159.97.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.9983 per share. This represents a dividend yield of 165.0%. The ex-dividend date was Monday, December 1st.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.