LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s (LVMUY) Overweight Rating Reiterated at Barclays

Barclays reaffirmed their overweight rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) in a report published on Tuesday morning, The Fly reports.

A number of other equities analysts have also recently issued reports on LVMUY. Credit Suisse Group reissued an outperform rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Thursday, September 23rd. Royal Bank of Canada reissued an outperform rating on shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne in a research report on Monday, October 18th. Erste Group raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a hold rating to a buy rating in a research report on Friday, November 5th. HSBC raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a hold rating to a buy rating in a research report on Friday, September 10th. Finally, Zacks Investment Research cut shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a buy rating to a hold rating in a research report on Tuesday, November 16th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a consensus rating of Buy and an average price target of $386.50.

LVMUY stock opened at $156.13 on Tuesday. The company’s 50-day moving average is $155.48 and its 200-day moving average is $156.45. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.10 and a quick ratio of 0.52. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $118.48 and a 1 year high of $168.06.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines.

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