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

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company.

A number of research firms have weighed in on LVMUY. HSBC cut shares of LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research note on Wednesday, September 9th. Zacks Research upgraded LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th.

LVMH-Moet Hennessy Louis Vuitton Stock Up 1.2%

Shares of LVMUY stock opened at $93.01 on Tuesday. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $91.71 and a 52-week high of $152.95. The company has a 50-day simple moving average of $104.54 and a two-hundred day simple moving average of $108.79. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.