LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have received a consensus rating of “Buy” from the eleven analysts that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and five have assigned a strong buy rating to the company.

Several research analysts have recently commented on the stock. Berenberg Bank cut shares of LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. UBS Group raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. DZ Bank raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th. Zacks Research upgraded LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th.

LVMH-Moet Hennessy Louis Vuitton Price Performance

OTCMKTS:LVMUY opened at $126.50 on Friday. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $101.80 and a 52 week high of $152.95. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is $144.36 and its 200 day simple moving average is $132.09.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were given a $0.9983 dividend. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 165.0%.

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.