LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Downgraded to Hold Rating by Royal Bank Of Canada

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by research analysts at Royal Bank Of Canada from a “moderate buy” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

Several other research firms have also issued reports on LVMUY. HSBC lowered shares of LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research report on Wednesday, September 9th. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 1.0%

OTCMKTS:LVMUY opened at $92.04 on Tuesday. The stock has a fifty day moving average price of $104.18 and a two-hundred day moving average price of $108.60. 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 1 year low of $91.63 and a 1 year high of $152.95.

About LVMH-Moet Hennessy Louis Vuitton

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.