HSBC Downgrades LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) to Hold

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was downgraded by equities research analysts at HSBC from a “buy” rating to a “hold” rating in a research report issued on Wednesday, Briefing.com reports.

Separately, Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Four analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 1.7%

Shares of LVMUY opened at $98.10 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average price of $107.77 and a two-hundred day moving average price of $110.90. LVMH-Moet Hennessy Louis Vuitton has a 52-week low of $98.10 and a 52-week high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury-goods group formed in 1987 through the merger of Louis Vuitton and Moët Hennessy. The company develops, produces and sells premium products through a portfolio of maisons, or brands, with heritage spanning fashion, wine and spirits, jewelry, watches, beauty and selective retail.

LVMH’s principal business segments include Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities.