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

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have been assigned an average recommendation of “Buy” from the nine ratings firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and five have given a strong buy rating to the company.

Several research firms have commented on LVMUY. 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. Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

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

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.