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

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by equities researchers at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, 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, January 29th. Five analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Price Performance

OTCMKTS:LVMUY opened at $106.71 on Monday. The firm’s fifty day moving average is $110.89 and its 200-day moving average is $130.28. The company has a quick ratio of 0.84, a current ratio of 1.58 and a debt-to-equity ratio of 0.18. LVMH-Moet Hennessy Louis Vuitton has a 52 week low of $101.80 and a 52 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.