LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Consensus Rating of “Strong Buy” by Brokerages

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have been given an average recommendation of “Strong Buy” by the seven brokerages that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company.

LVMUY has been the topic of a number of recent research reports. HSBC raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Berenberg Bank raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Wednesday, October 30th. Hsbc Global Res upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Finally, Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Up 0.4 %

LVMUY opened at $149.62 on Monday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $119.56 and a one year high of $191.63. The business’s 50-day simple moving average is $137.83 and its 200-day simple moving average is $137.12.

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.