Zacks Investment Research upgraded shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a sell rating to a hold rating in a report published on Wednesday morning, Zacks.com reports.

According to Zacks, “LVMH Moet Hennessy Louis Vuitton is an international group of companies that is principally engaged in the production and sale of prestigious luxury goods under world-famous brand names. The five different sectors in which the Company operates are: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective retailing. The company has expanded its international retail network all over the world. LVMH Moet Hennessy Louis Vuitton is headquartered in Paris, France. “

LVMUY has been the topic of several other research reports. HSBC reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a research report on Tuesday, March 26th. Jefferies Financial Group lowered shares of LVMH Moet Hennessy Louis Vuitton from a buy rating to a hold rating in a research report on Wednesday, February 6th. Goldman Sachs Group reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a research report on Tuesday, March 19th. Finally, Credit Suisse Group reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a research report on Thursday, February 28th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $80.00.

OTCMKTS LVMUY opened at $76.16 on Wednesday. The stock has a market capitalization of $193.08 billion, a price-to-earnings ratio of 25.56, a P/E/G ratio of 3.39 and a beta of 0.91. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.40. LVMH Moet Hennessy Louis Vuitton has a 12 month low of $54.36 and a 12 month high of $76.88.

LVMH Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy-Louis Vuitton, Société Européenne 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 Ao Yun, Ardbeg, Belvedere, Bodega Numanthia, Cape Mentelle, Chandon, Château Cheval Blanc, Château d'Yquem, Cheval des Andes, Clos des Lambrays, Clos19, Cloudy Bay, Dom Pérignon, Glenmorangie, Hennessy, Krug, Mercier, Moët & Chandon, Newton, Vineyard, Ruinart, Terrazas de los Andes, Veuve Clicquot, and Volcan de mi Tierra brands.

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