LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) Upgraded by Berenberg Bank to “Strong-Buy” Rating

Berenberg Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) to a strong-buy rating in a research report released on Wednesday morning, Zacks.com reports.

A number of other brokerages have also issued reports on LVMUY. TD Cowen upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a report on Thursday, October 10th. Citigroup raised shares of LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research note on Friday, October 11th.

LVMH-Moet Hennessy Louis Vuitton Price Performance

OTC:LVMUY opened at $131.70 on Wednesday. LVMH-Moet Hennessy Louis Vuitton has a fifty-two week low of $125.00 and a fifty-two week high of $191.63.

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.