LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY – Get Free Report) has received an average rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.
A number of brokerages recently issued reports on LVMUY. HSBC lowered LVMH-Moet Hennessy Louis Vuitton from a “buy” rating to a “hold” rating in a report on Wednesday, September 9th. Royal Bank Of Canada lowered LVMH-Moet Hennessy Louis Vuitton from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 22nd.
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LVMH-Moet Hennessy Louis Vuitton Stock Performance
About LVMH-Moet Hennessy Louis Vuitton
LVMH Moët Hennessy Louis Vuitton SE is a France-based luxury goods group whose portfolio spans wines and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing. Its brands include Louis Vuitton, Christian Dior, Fendi, Celine, Loewe, Givenchy, Moët & Chandon, Hennessy, Bulgari, TAG Heuer, Sephora and DFS.
The company was formed in 1987 through the merger of Louis Vuitton with Moët Hennessy. LVMH develops, produces and distributes luxury products through a combination of directly operated stores, e-commerce channels, wholesale networks and hospitality or travel-retail locations.
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