LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Upgraded to Strong-Buy at Hsbc Global Res

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) was upgraded by equities research analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Several other analysts have also recently issued reports on LVMUY. HSBC upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research note on Monday. TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Citigroup upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. Finally, Berenberg Bank upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has an average rating of “Strong Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

Shares of OTCMKTS LVMUY opened at $128.26 on Monday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $119.56 and a fifty-two week high of $191.63. The business has a 50 day moving average price of $133.58 and a two-hundred day moving average price of $143.64.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne 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.