LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have received a consensus rating of “Moderate Buy” from the twelve research firms that are presently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company.

A number of research analysts have recently issued reports on LVMUY shares. Morgan Stanley raised LVMH-Moet Hennessy Louis Vuitton from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 6th. CLSA upgraded LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a research report on Thursday, October 9th. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, UBS Group upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th.

LVMH-Moet Hennessy Louis Vuitton Trading Up 2.4%

LVMUY stock opened at $152.07 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.72 and a current ratio of 1.48. The company’s fifty day simple moving average is $146.49 and its 200 day simple moving average is $128.76. LVMH-Moet Hennessy Louis Vuitton has a 12-month low of $101.80 and a 12-month high of $159.97.

LVMH-Moet Hennessy Louis Vuitton Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 2nd were paid a $0.9983 dividend. The ex-dividend date was Monday, December 1st. This represents a dividend yield of 165.0%.

About LVMH-Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.