LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Raised to “Hold” at Zacks Research

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Separately, Barclays raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Five investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Stock Up 4.3%

Shares of OTCMKTS LVMUY opened at $117.11 on Wednesday. LVMH-Moet Hennessy Louis Vuitton has a 12-month low of $101.80 and a 12-month high of $152.95. The company’s fifty day simple moving average is $110.30 and its 200 day simple moving average is $125.15. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84.

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.