LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Upgraded at Zacks Research

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Barclays raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Price Performance

Shares of LVMUY stock opened at $117.11 on Wednesday. LVMH-Moet Hennessy Louis Vuitton has a 12-month low of $101.80 and a 12-month high of $152.95. The business has a 50 day simple moving average of $110.30 and a 200 day simple moving average of $125.15. 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 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.