LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Stock Rating Lowered by Hsbc Global Res

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) was downgraded by equities research analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating in a note issued to investors on Thursday, April 24th,Zacks.com reports.

Several other research analysts have also recently issued reports on the company. Kepler Capital Markets raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Bank of America upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne from a "neutral" rating to a "buy" rating in a research report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy".

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Trading Down 1.5 %

Shares of OTCMKTS LVMUY traded down $1.63 during trading on Thursday, reaching $110.37. The company had a trading volume of 306,688 shares, compared to its average volume of 442,662. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 12-month low of $106.48 and a 12-month high of $183.65. The business's 50-day moving average is $125.46 and its 200 day moving average is $131.39.

About LVMH Moët Hennessy - Louis Vuitton, Société Européenne

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.