LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Downgraded by Berenberg Bank to Hold

Key Points

• Berenberg Bank has downgraded LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating.
• The company's stock currently holds a consensus rating of "Moderate Buy", with a mix of upgrades and downgrades from various analysts.
• LVMH's share price opened at $139.72, with a 1-year range between $101.80 and $159.97.

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY - Get Free Report) was downgraded by equities researchers at Berenberg Bank from a "strong-buy" rating to a "hold" rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on LVMUY. Hsbc Global Res upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, September 2nd. Morgan Stanley upgraded shares of LVMH-Moet Hennessy Louis Vuitton from an "equal weight" rating to an "overweight" rating in a research note on Monday, October 6th. CLSA upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a "strong-buy" rating in a research note on Monday, September 22nd. Zacks Research cut shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong sell" rating in a report on Monday, September 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "buy" rating in a report on Thursday, October 9th. Four research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy".

LVMH-Moet Hennessy Louis Vuitton Trading Up 0.5%

Shares of LVMH-Moet Hennessy Louis Vuitton stock opened at $139.72 on Thursday. The firm's 50-day moving average is $119.77 and its 200 day moving average is $114.21. LVMH-Moet Hennessy Louis Vuitton has a 1 year low of $101.80 and a 1 year high of $159.97. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.

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