LVMH Moet Hennessy Louis Vuitton (LVMUY) Raised to “Buy” at Citigroup
Citigroup upgraded shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS:LVMUY) to a buy rating in a report issued on Tuesday, The Fly reports.
LVMUY has been the subject of several other reports. UBS downgraded LVMH Moet Hennessy Louis Vuitton from an outperform rating to a market perform rating in a research note on Monday, January 8th. Zacks Investment Research raised LVMH Moet Hennessy Louis Vuitton from a hold rating to a buy rating and set a $70.00 target price for the company in a research note on Thursday, February 1st. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. LVMH Moet Hennessy Louis Vuitton presently has an average rating of Hold and a consensus price target of $70.00.
Shares of OTCMKTS:LVMUY opened at $68.99 on Tuesday. LVMH Moet Hennessy Louis Vuitton has a 12-month low of $48.78 and a 12-month high of $70.25. The company has a market capitalization of $173,357.66, a price-to-earnings ratio of 30.00 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.41 and a quick ratio of 0.68.
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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