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

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have been given a consensus recommendation of “Buy” by the ten brokerages that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and four have assigned a strong buy recommendation to the company.

Separately, DZ Bank upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY opened at $104.80 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $101.80 and a 52 week high of $152.95. The business’s fifty day simple moving average is $123.32 and its 200 day simple moving average is $133.65.

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.