LVMH Moet Hennessy Louis Vuitton SE (NASDAQ:LVMUY) was downgraded by equities research analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

A number of other research analysts also recently commented on LVMUY. Societe Generale downgraded LVMH Moet Hennessy Louis Vuitton SE from a “buy” rating to a “hold” rating in a report on Wednesday, April 12th. Berenberg Bank upgraded LVMH Moet Hennessy Louis Vuitton SE from a “hold” rating to a “buy” rating in a report on Monday, April 24th. Finally, Cowen and Company upgraded LVMH Moet Hennessy Louis Vuitton SE from a “market perform” rating to an “outperform” rating in a report on Wednesday, April 19th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. LVMH Moet Hennessy Louis Vuitton SE currently has a consensus rating of “Hold”.

Shares of LVMH Moet Hennessy Louis Vuitton SE (LVMUY) traded down 0.5792% during midday trading on Wednesday, reaching $51.4105. The company’s stock had a trading volume of 11,493 shares. The stock’s 50-day moving average price is $51.12 and its 200-day moving average price is $43.68. The company has a market cap of $129.05 billion and a P/E ratio of 29.1014. LVMH Moet Hennessy Louis Vuitton SE has a 12-month low of $28.64 and a 12-month high of $52.72.

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LVMH Moet Hennessy Louis Vuitton SE Company Profile

LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. The business activities of the Company are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.

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