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 rating of “Buy” by the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and five have issued a strong buy rating on the company.

LVMUY has been the topic of several research reports. DZ Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th. Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

OTCMKTS:LVMUY opened at $106.71 on Wednesday. The firm’s 50-day moving average is $110.89 and its 200-day moving average is $130.28. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $101.80 and a 52-week high of $152.95. 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 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.