Zacks Research Downgrades LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) to Strong Sell

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Monday. 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. Five investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.2%

OTCMKTS LVMUY opened at $106.50 on Tuesday. LVMH-Moet Hennessy Louis Vuitton has a one year low of $101.80 and a one year high of $152.95. The company’s 50 day moving average price is $110.59 and its 200 day moving average price is $130.02. 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.