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

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have been given an average recommendation of “Buy” by the nine analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and five have assigned a strong buy recommendation to the company.

Several brokerages have recently weighed in on LVMUY. 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. Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th.

LVMH-Moet Hennessy Louis Vuitton Price Performance

LVMUY opened at $109.45 on Thursday. LVMH-Moet Hennessy Louis Vuitton has a twelve month low of $103.00 and a twelve month high of $152.95. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18. The company has a fifty day simple moving average of $110.81 and a 200 day simple moving average of $122.01.

About LVMH-Moet Hennessy Louis Vuitton

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.