LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Rating Increased to Strong-Buy at Barclays

Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

Separately, DZ Bank raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 29th. Five research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton currently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.4%

LVMH-Moet Hennessy Louis Vuitton stock opened at $106.71 on Monday. The stock has a 50-day moving average price of $110.89 and a 200 day moving average price of $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 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 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.