LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Lowered to Hold Rating by HSBC

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by analysts at HSBC from a “buy” rating to a “hold” rating in a report released on Wednesday, Briefing.com reports.

Separately, Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Four equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Down 1.7%

OTCMKTS:LVMUY opened at $98.10 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. LVMH-Moet Hennessy Louis Vuitton has a one year low of $98.10 and a one year high of $152.95. The company has a fifty day moving average price of $107.77 and a 200 day moving average price of $110.90.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.