LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Given Average Rating of “Strong Buy” by Brokerages

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) have earned a consensus rating of “Strong Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company.

LVMUY has been the topic of a number of research analyst reports. TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Hsbc Global Res raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Monday. Berenberg Bank upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Wednesday, October 30th. Citigroup upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. Finally, HSBC upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a research report on Monday.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

OTCMKTS:LVMUY opened at $128.26 on Wednesday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 12-month low of $119.56 and a 12-month high of $191.63. The stock’s 50 day moving average price is $133.58 and its two-hundred day moving average price is $143.64.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be issued a dividend of $1.181 per share. The ex-dividend date of this dividend is Friday, November 29th.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

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.