LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Rating Lowered to “Hold” at Barclays

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Friday,Zacks.com reports.

LVMUY has been the subject of a number of other research reports. Hsbc Global Res cut shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 24th. Bank of America upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research report on Thursday, January 16th. Kepler Capital Markets upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Finally, BNP Paribas cut LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 29th. Three 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. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Up 1.8 %

OTCMKTS LVMUY opened at $112.47 on Friday. The firm’s 50-day moving average is $124.16 and its two-hundred day moving average is $131.09. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12 month low of $106.48 and a 12 month high of $183.65.

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.