LVMH Moet Hennessy Louis Vuitton SE (LVMUY) Rating Increased to Outperform at Cowen and Company
LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) was upgraded by stock analysts at Cowen and Company from a “market perform” rating to an “outperform” rating in a report issued on Wednesday.
Separately, Societe Generale downgraded LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a report on Wednesday, April 12th.
LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) opened at 44.492 on Wednesday. LVMH Moet Hennessy Louis Vuitton SE has a 52 week low of $28.64 and a 52 week high of $45.50. The company has a market capitalization of $111.68 billion and a PE ratio of 26.490. The firm’s 50-day moving average price is $43.14 and its 200 day moving average price is $39.08.
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LVMH Moet Hennessy Louis Vuitton SE Company Profile
LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.
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