LVMH Moet Hennessy Louis Vuitton SE (OTC:LVMUY) was downgraded by stock analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, StockTargetPrices.com reports.

Other equities analysts have also issued reports about the company. Berenberg Bank upgraded LVMH Moet Hennessy Louis Vuitton SE from a “hold” rating to a “buy” rating in a research report on Tuesday, April 25th. Cowen and Company upgraded LVMH Moet Hennessy Louis Vuitton SE from a “market perform” rating to an “outperform” rating in a research report on Thursday, April 20th. Finally, Societe Generale lowered LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th.

LVMH Moet Hennessy Louis Vuitton SE (OTC:LVMUY) traded down 0.153% during mid-day trading on Wednesday, hitting $51.631. The stock had a trading volume of 63,149 shares. The firm has a market cap of $129.60 billion, a PE ratio of 29.226 and a beta of 0.87. The company’s 50 day moving average price is $51.12 and its 200 day moving average price is $43.68. LVMH Moet Hennessy Louis Vuitton SE has a 52 week low of $28.64 and a 52 week high of $52.72.

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About LVMH Moet Hennessy Louis Vuitton SE

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.

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