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

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) has been assigned a consensus recommendation of “Buy” from the nine brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and five have issued a strong buy rating on the company.

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

LVMH-Moet Hennessy Louis Vuitton Price Performance

OTCMKTS LVMUY opened at $103.66 on Friday. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $102.50 and a fifty-two week high of $152.95. The stock’s 50-day moving average is $110.74 and its two-hundred day moving average is $112.94. 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.