LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Receives Average Rating of “Buy” from Analysts

LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) has earned a consensus recommendation of “Buy” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, two have given a buy rating and five have issued a strong buy rating on the company.

A number of equities analysts have issued reports on LVMUY shares. Deutsche Bank Aktiengesellschaft raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a research note on Thursday, October 9th. DZ Bank raised LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Morgan Stanley upgraded shares of LVMH-Moet Hennessy Louis Vuitton from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 6th. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, UBS Group raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th.

LVMH-Moet Hennessy Louis Vuitton Price Performance

LVMH-Moet Hennessy Louis Vuitton stock opened at $129.28 on Friday. 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 current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19. The firm has a 50 day simple moving average of $145.40 and a 200-day simple moving average of $131.61.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were given a $0.9983 dividend. The ex-dividend date was Monday, December 1st. This represents a yield of 165.0%.

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.