LVMH Moet Hennessy Louis Vuitton (LVMUY) Cut to “Hold” at ValuEngine
ValuEngine cut shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a buy rating to a hold rating in a research report report published on Thursday morning.
LVMUY has been the topic of a number of other reports. Societe Generale downgraded shares of LVMH Moet Hennessy Louis Vuitton from a buy rating to a hold rating in a research note on Monday, September 3rd. Raymond James upgraded shares of LVMH Moet Hennessy Louis Vuitton from a market perform rating to an outperform rating in a research note on Wednesday, July 25th. Zacks Investment Research upgraded shares of LVMH Moet Hennessy Louis Vuitton from a hold rating to a strong-buy rating and set a $80.00 price objective on the stock in a research note on Thursday, August 2nd. Finally, Jefferies Financial Group initiated coverage on shares of LVMH Moet Hennessy Louis Vuitton in a research note on Monday, June 25th. They set a buy rating on the stock. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $80.00.
Shares of LVMUY stock opened at $61.12 on Thursday. LVMH Moet Hennessy Louis Vuitton has a twelve month low of $55.96 and a twelve month high of $73.61. The company has a quick ratio of 0.65, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $178.71 billion, a PE ratio of 26.57, a PEG ratio of 2.59 and a beta of 0.85.
LVMH Moët Hennessy Louis Vuitton S.E. operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Yquem Castle, Dom Perignon, Ruinart, White Horse castle, Mercier, Château d'Yquem, Clos Des Lambrays, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Andes Horse, Cape Mentelle, Newton Vineyards, Numanthia Termes, Numanthia Bodega, Clos19, and Ao Yun brands.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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