LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Stock Rating Upgraded by DZ Bank

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by stock analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Morgan Stanley raised LVMH-Moet Hennessy Louis Vuitton from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 6th. UBS Group upgraded LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Berenberg Bank lowered LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. Zacks Research upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a report on Thursday, October 9th. Five analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Up 0.9%

Shares of LVMUY opened at $130.60 on Thursday. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. The company has a 50 day moving average price of $145.70 and a 200-day moving average price of $131.49. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $101.80 and a fifty-two week high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.