LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Upgraded at Hsbc Global Res

Hsbc Global Res upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities research analysts also recently issued reports about the stock. Berenberg Bank upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Wednesday, October 30th. 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. Citigroup upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report 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 report on Monday. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Trading Down 0.8 %

OTCMKTS:LVMUY opened at $127.19 on Monday. The firm’s 50 day simple moving average is $133.36 and its 200 day simple moving average is $143.53. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $119.56 and a one year high of $191.63.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders 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.

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.