LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Average Recommendation of “Buy” by Brokerages

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) has been assigned a consensus rating of “Buy” from the twelve research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $182.00.

LVMUY has been the topic of a number of research analyst reports. HSBC raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Friday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Tuesday, July 27th. Morgan Stanley reiterated an “overweight” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Tuesday, July 27th. Royal Bank of Canada reissued an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Tuesday, July 27th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Friday, July 30th.

OTCMKTS LVMUY opened at $152.12 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.58 and a debt-to-equity ratio of 0.36. The stock’s 50 day moving average is $156.46 and its 200 day moving average is $151.20. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $91.37 and a twelve month high of $168.06. The firm has a market capitalization of $383.92 billion, a PE ratio of 71.42 and a beta of 0.84.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines.

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Analyst Recommendations for LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)

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