LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Receives Consensus Recommendation of "Buy" from Analysts

LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Get Free Report) has been given an average recommendation of "Buy" by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating on the company.

A number of research firms have weighed in on LVMUY. Berenberg Bank upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research note on Wednesday, October 30th. TD Cowen raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Thursday, October 10th. Finally, Citigroup upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Friday, October 11th.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Price Performance

Shares of OTCMKTS LVMUY traded down $5.50 during mid-day trading on Friday, hitting $129.10. The company had a trading volume of 486,700 shares, compared to its average volume of 285,597. The firm has a 50-day simple moving average of $138.13 and a two-hundred day simple moving average of $149.33. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a one year low of $125.00 and a one year high of $191.63.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be given a $1.181 dividend. The ex-dividend date is Friday, November 29th.

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.