Barclays Upgrades LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) to Strong-Buy

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) was upgraded by analysts at Barclays from a “hold” rating to a “strong-buy” rating in a report issued 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 report on Thursday, January 29th. Five analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.4%

Shares of LVMUY stock opened at $106.71 on Monday. LVMH-Moet Hennessy Louis Vuitton has a 12-month low of $101.80 and a 12-month high of $152.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.58 and a quick ratio of 0.84. The firm has a fifty day moving average of $110.89 and a 200-day moving average of $130.28.

About LVMH-Moet Hennessy Louis Vuitton

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.