LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Given Average Recommendation of “Buy” by Brokerages

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

Several equities analysts have commented on LVMUY shares. 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 upgraded 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 Stock Performance

LVMUY stock opened at $104.68 on Monday. The business has a 50 day moving average price of $111.70 and a 200 day moving average price of $117.47. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $102.80 and a fifty-two week high of $152.95.

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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