LVMH Moet Hennessy Louis Vuitton (LVMUY) Lifted to “Buy” at HSBC

HSBC upgraded shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) from a hold rating to a buy rating in a research note released on Friday.

Several other research firms also recently weighed in on LVMUY. ValuEngine downgraded LVMH Moet Hennessy Louis Vuitton from a buy rating to a hold rating in a research note on Thursday, October 11th. Zacks Investment Research downgraded LVMH Moet Hennessy Louis Vuitton from a strong-buy rating to a hold rating in a research note on Wednesday, September 26th. Raymond James upgraded LVMH Moet Hennessy Louis Vuitton from a market perform rating to an outperform rating in a research note on Wednesday, July 25th. Finally, Societe Generale downgraded LVMH Moet Hennessy Louis Vuitton from a buy rating to a hold rating in a research note on Monday, September 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $80.00.

LVMUY stock opened at $59.17 on Friday. LVMH Moet Hennessy Louis Vuitton has a 1-year low of $56.00 and a 1-year high of $73.61. The company has a quick ratio of 0.65, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $151.38 billion, a price-to-earnings ratio of 25.72, a price-to-earnings-growth ratio of 2.22 and a beta of 0.85.



About LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton S.E. operates as a luxury products company. The company operates through Wines and Spirits; Fashion and Leather Goods; Perfumes and Cosmetics; Watches and Jewelry; Selective Retailing; and Other Activities business groups. The company offers champagnes, wines, and spirits under the Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Yquem Castle, Dom Perignon, Ruinart, White Horse castle, Mercier, Château d'Yquem, Clos Des Lambrays, Hennessy, Glenmorangie, Ardbeg, Belvedere, Chandon, Cloudy Bay, Terrazas de los Andes, Andes Horse, Cape Mentelle, Newton Vineyards, Numanthia Termes, Numanthia Bodega, Clos19, and Ao Yun brands.

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Analyst Recommendations for LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY)

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