LVMH Moet Hennessy Louis Vuitton (LVMUY) Lowered to Hold at Jefferies Financial Group

LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by stock analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note issued on Wednesday, The Fly reports.

A number of other analysts also recently weighed in on LVMUY. ValuEngine downgraded shares of LVMH Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. Zacks Investment Research downgraded shares of LVMH Moet Hennessy Louis Vuitton from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Finally, HSBC upgraded shares of LVMH Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a report on Friday, October 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $80.00.

LVMH Moet Hennessy Louis Vuitton stock opened at $66.16 on Wednesday. LVMH Moet Hennessy Louis Vuitton has a twelve month low of $54.36 and a twelve month high of $73.61. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.65 and a current ratio of 1.41. The stock has a market capitalization of $164.47 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 2.67 and a beta of 0.88.

About LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton S.E. operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Yquem Castle, Dom Perignon, Ruinart, White Horse castle, Mercier, Château d'Yquem, Clos Des Lambrays, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Andes Horse, Cape Mentelle, Newton Vineyards, Numanthia Termes, Numanthia Bodega, Clos19, and Ao Yun brands.

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The Fly

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