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

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have received an average recommendation of “Buy” from the nine ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and five have assigned a strong buy recommendation to the company.

LVMUY has been the subject of several analyst reports. Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 10th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY stock opened at $103.66 on Friday. The firm has a fifty day moving average price of $110.74 and a two-hundred day moving average price of $112.94. 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 $102.50 and a 1-year high of $152.95.

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.