LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) Rating Increased to Strong-Buy at Berenberg Bank

LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) was upgraded by research analysts at Berenberg Bank to a “strong-buy” rating in a report issued on Wednesday, Zacks.com reports.

Several other equities research analysts also recently issued reports on the stock. Citigroup raised shares of LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research report on Friday, October 11th. TD Cowen upgraded LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a report on Thursday, October 10th.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.7 %

Shares of LVMUY traded down $0.89 on Wednesday, hitting $131.70. The company’s stock had a trading volume of 337,077 shares, compared to its average volume of 283,356. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $125.00 and a fifty-two week high of $191.63.

About LVMH-Moet Hennessy Louis Vuitton

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.