LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have received an average recommendation of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company.

Several research firms recently issued reports on LVMUY. Zacks Research upgraded LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. UBS Group upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. DZ Bank upgraded LVMH-Moet Hennessy Louis Vuitton to a “hold” rating in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a research note on Thursday, October 9th. Finally, Berenberg Bank cut shares of LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

Shares of OTCMKTS LVMUY opened at $151.96 on Tuesday. The company’s 50-day simple moving average is $146.68 and its 200-day simple moving average is $129.29. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $101.80 and a 52-week high of $159.97.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were given a dividend of $0.9983 per share. The ex-dividend date was Monday, December 1st. This represents a yield of 165.0%.

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.