LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) Rating Increased to Overweight at Morgan Stanley

Key Points

• Morgan Stanley upgraded LVMH-Moet Hennessy Louis Vuitton from an "equal weight" to an "overweight" rating, signaling increased confidence in the company's performance.
• Investment analysts have mixed views on LVMH, with some ratings varying from "strong sell" to "strong buy," resulting in an overall average rating of "Buy."
• LVMH's stock price is currently down by 1.1%, trading at $128.38, with recent trading volumes significantly lower than its average.

LVMH-Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY - Get Free Report) was upgraded by Morgan Stanley from an "equal weight" rating to an "overweight" rating in a note issued to investors on Monday,Briefing.com Automated Import reports.

Several other equities analysts have also recently weighed in on LVMUY. Zacks Research cut LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong sell" rating in a report on Monday, September 8th. Hsbc Global Res upgraded LVMH-Moet Hennessy Louis Vuitton from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 2nd. Finally, CLSA upgraded LVMH-Moet Hennessy Louis Vuitton to a "strong-buy" rating in a report on Monday, September 22nd. Six investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, LVMH-Moet Hennessy Louis Vuitton currently has an average rating of "Buy".

LVMH-Moet Hennessy Louis Vuitton Trading Down 1.1%

LVMUY traded down $1.40 during midday trading on Monday, reaching $128.38. 116,810 shares of the company were exchanged, compared to its average volume of 424,018. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 0.72. LVMH-Moet Hennessy Louis Vuitton has a one year low of $101.80 and a one year high of $159.97. The stock's 50-day simple moving average is $115.52 and its 200 day simple moving average is $113.75.

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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