LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) has been assigned an average recommendation of “Buy” from the nine research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and five have assigned a strong buy rating to the company.
LVMUY has been the topic of several recent research reports. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 12th.
Read Our Latest Analysis on LVMUY
LVMH-Moet Hennessy Louis Vuitton Trading Down 0.8%
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.
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