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

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) has received an average rating of “Buy” from the nine research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and five have issued a strong buy recommendation on the company.

Several brokerages have recently weighed in on LVMUY. Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th.

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LVMH-Moet Hennessy Louis Vuitton Price Performance

Shares of OTCMKTS:LVMUY opened at $111.76 on Thursday. The stock’s 50-day simple moving average is $111.01 and its two-hundred day simple moving average is $120.79. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $103.00 and a 52-week high of $152.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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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.

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