LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Receives Average Rating of “Buy” from Analysts

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have been assigned an average recommendation of “Buy” from the eleven research firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and five have assigned a strong buy rating to the company.

A number of equities research analysts have recently issued reports on the stock. 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. DZ Bank raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Berenberg Bank cut LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. UBS Group raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, Zacks Research raised LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 28th.

LVMH-Moet Hennessy Louis Vuitton Trading Down 1.0%

Shares of LVMUY opened at $129.28 on Friday. The business’s 50-day moving average price is $145.40 and its 200 day moving average price is $131.61. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 0.72. LVMH-Moet Hennessy Louis Vuitton has a 1-year low of $101.80 and a 1-year high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were issued a dividend of $0.9983 per share. This represents a dividend yield of 165.0%. The ex-dividend date was Monday, December 1st.

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.