UBS Group Downgrades LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) to Neutral

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was downgraded by analysts at UBS Group from a “buy” rating to a “neutral” rating in a research report issued on Tuesday, Briefing.com reports.

A number of other research analysts have also recently issued reports on the company. Barclays cut LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “overweight” rating to an “equal weight” rating in a research note on Thursday, September 14th. CLSA started coverage on LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research note on Thursday, September 14th. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group downgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $890.00.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

LVMUY stock opened at $157.70 on Tuesday. The firm’s fifty day moving average is $149.15 and its 200 day moving average is $169.73. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52 week low of $138.11 and a 52 week high of $200.76. The company has a quick ratio of 0.56, a current ratio of 1.22 and a debt-to-equity ratio of 0.15.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines, and spirits under the Clos des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cape Mentelle, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.