LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of LVMH-Moet Hennessy Louis Vuitton SA (OTCMKTS:LVMUY) have earned an average rating of “Buy” from the eleven ratings firms that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and five have issued a strong buy rating on the company.

LVMUY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “buy” rating in a report on Thursday, October 9th. Zacks Research raised shares of LVMH-Moet Hennessy Louis Vuitton from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. DZ Bank raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 29th. Berenberg Bank downgraded shares of LVMH-Moet Hennessy Louis Vuitton from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Finally, UBS Group raised shares of LVMH-Moet Hennessy Louis Vuitton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

Shares of LVMH-Moet Hennessy Louis Vuitton stock opened at $127.51 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.72 and a current ratio of 1.48. The stock’s fifty day moving average price is $145.10 and its 200-day moving average price is $132.02. LVMH-Moet Hennessy Louis Vuitton has a 12 month low of $101.80 and a 12 month high of $152.95.

LVMH-Moet Hennessy Louis Vuitton Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were paid a $0.9983 dividend. This represents a yield of 165.0%. The ex-dividend date was Monday, December 1st.

LVMH-Moet Hennessy Louis Vuitton Company Profile

LVMH Moët Hennessy Louis Vuitton SE is a French multinational luxury goods conglomerate that designs, produces and sells high-end products across multiple luxury segments. Formed through the 1987 merger of fashion house Louis Vuitton and the wine and spirits group Moët Hennessy, the company is headquartered in Paris and is led by Chairman and Chief Executive Officer Bernard Arnault. LVMH’s organization centers on a portfolio of maisons that operate with a degree of independence under centralized strategic oversight.

The company’s principal activities span fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing.