LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Raised to "Strong-Buy" at UBS Group

Key Points

• LVMH-Moet Hennessy Louis Vuitton has been upgraded to a "strong-buy" rating by UBS Group, indicating strong analyst confidence in the company's stock.
• Other major firms, including Morgan Stanley and HSBC, have also recently upgraded their ratings on LVMH, reflecting a growing consensus on its investment potential.
• Currently, LVMH's stock has a consensus rating of "Moderate Buy," with a mix of strong buy, buy, hold, and sell ratings from various analysts.

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY - Get Free Report) was upgraded by stock analysts at UBS Group from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Several other analysts have also commented on the stock. 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. Hsbc Global Res upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 2nd. CLSA upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a "strong-buy" rating in a research report on Monday, September 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "buy" rating in a research report on Thursday, October 9th. Finally, Berenberg Bank lowered shares of LVMH-Moet Hennessy Louis Vuitton from a "strong-buy" rating to a "hold" rating in a research report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton presently has a consensus rating of "Moderate Buy".

LVMH-Moet Hennessy Louis Vuitton Stock Up 0.5%

LVMUY stock opened at $139.72 on Thursday. The company's 50 day simple moving average is $119.77 and its 200-day simple moving average is $114.21. LVMH-Moet Hennessy Louis Vuitton has a 12 month low of $101.80 and a 12 month 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.