LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Cut to “Hold” at Hsbc Global Res

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was downgraded by Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. Kepler Capital Markets upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

Shares of OTCMKTS:LVMUY opened at $114.52 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12-month low of $106.48 and a 12-month high of $183.65. The business has a 50 day moving average of $127.42 and a two-hundred day moving average of $132.04.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.