LVMH Moet Hennessy Louis Vuitton (LVMUY) Cut to “Hold” at Deutsche Bank
Separately, Zacks Investment Research raised LVMH Moet Hennessy Louis Vuitton from a hold rating to a buy rating and set a $64.00 target price on the stock in a research note on Friday, October 20th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $64.00.
Shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) opened at $58.62 on Monday. LVMH Moet Hennessy Louis Vuitton has a 12 month low of $35.80 and a 12 month high of $60.34. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.83 and a quick ratio of 1.02.
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About LVMH Moet Hennessy Louis Vuitton
LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world.
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