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

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) has been given an average recommendation of “Buy” by the nine ratings firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and five have issued a strong buy rating on the company.

LVMUY has been the topic of several research analyst reports. Zacks Research upgraded LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday. Barclays upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th.

LVMH-Moet Hennessy Louis Vuitton Trading Up 1.2%

Shares of LVMUY stock opened at $118.54 on Friday. The stock’s fifty day moving average is $110.49 and its 200-day moving average is $125.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.58. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $101.80 and a 52 week high of $152.95.

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.