LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Now Covered by TD Cowen

Investment analysts at TD Cowen started coverage on shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) in a research report issued on Friday, Zacks reports. The brokerage set a “hold” rating on the stock.

A number of other research firms have also weighed in on LVMUY. Zacks Research lowered LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 14th. Royal Bank Of Canada lowered LVMH-Moet Hennessy Louis Vuitton from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 22nd. Finally, HSBC cut LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a research note on Wednesday, September 9th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Up 0.3%

LVMH-Moet Hennessy Louis Vuitton stock opened at $86.16 on Friday. The company has a current ratio of 1.63, a quick ratio of 0.78 and a debt-to-equity ratio of 0.19. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $82.29 and a 52-week high of $152.95. The company’s 50 day moving average is $92.44 and its two-hundred day moving average is $109.45.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury goods company formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The group operates a portfolio of brands spanning fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.

Its brands include Louis Vuitton, Dior, Fendi, Givenchy, Celine, Loewe, Bulgari, Tiffany & Co, TAG Heuer, Moët & Chandon, Dom Pérignon, Hennessy, Sephora, and DFS. The company’s products and services range from luxury apparel, handbags, jewelry, watches, and beauty products to champagne, cognac, duty-free retail, and specialty retail experiences.

LVMH serves customers internationally through boutiques, department stores, travel-retail locations, hospitality activities, and e-commerce platforms across Europe, the Americas, Asia, and other global markets.