LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Separately, Barclays upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Five analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Up 4.3%

Shares of LVMUY stock opened at $117.11 on Wednesday. The company has a 50 day moving average of $110.30 and a 200-day moving average of $125.15. 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 has a 12-month low of $101.80 and a 12-month high of $152.95.

About LVMH-Moet Hennessy Louis Vuitton

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.