HSBC upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTCMKTS:LVMUY - Free Report) from a hold rating to a buy rating in a report released on Monday, Marketbeat reports.
Several other research firms have also recently weighed in on LVMUY. TD Cowen upgraded shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research report on Thursday, October 10th. Berenberg Bank raised LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a research note on Wednesday, October 30th. Finally, Citigroup upgraded LVMH Moët Hennessy - Louis Vuitton, Société Européenne to a "strong-buy" rating in a report on Friday, October 11th. Two analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Strong Buy".
Read Our Latest Analysis on LVMH Moët Hennessy - Louis Vuitton, Société Européenne
LVMH Moët Hennessy - Louis Vuitton, Société Européenne Price Performance
OTCMKTS:LVMUY traded up $3.20 during trading hours on Monday, hitting $127.50. 496,102 shares of the company's stock traded hands, compared to its average volume of 297,025. LVMH Moët Hennessy - Louis Vuitton, Société Européenne has a 52 week low of $119.56 and a 52 week high of $191.63. The business's fifty day simple moving average is $133.87 and its two-hundred day simple moving average is $144.24.
LVMH Moët Hennessy - Louis Vuitton, Société Européenne Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be issued a $1.181 dividend. The ex-dividend date is Friday, November 29th.
About LVMH Moët Hennessy - Louis Vuitton, Société Européenne
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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.
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