LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have been given a consensus rating of “Hold” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Several research analysts recently weighed in on the stock. HSBC downgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. Barclays raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

OTCMKTS LVMUY opened at $164.02 on Monday. The stock has a 50-day moving average of $177.67 and a 200 day moving average of $163.55. The company has a quick ratio of 0.63, a current ratio of 1.32 and a debt-to-equity ratio of 0.18. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $138.11 and a twelve month high of $200.76.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 22nd will be issued a dividend of $1.6107 per share. The ex-dividend date of this dividend is Friday, April 19th. This is an increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

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 wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,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.