LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Upgraded at Bank of America

Bank of America upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) from a neutral rating to a buy rating in a research report report published on Thursday morning, Marketbeat Ratings reports.

LVMUY has been the subject of several other research reports. Berenberg Bank raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Wednesday, October 30th. Hsbc Global Res raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. HSBC raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. TD Cowen raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Thursday, October 10th. Finally, Citigroup raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Friday, October 11th. Three equities research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, LVMH Moët Hennessy – Louis Vuitton, Société Européenne has an average rating of “Strong Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 1.4 %

LVMUY stock opened at $142.08 on Thursday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a twelve month low of $119.56 and a twelve month high of $191.63. The stock has a 50-day simple moving average of $129.47 and a two-hundred day simple moving average of $137.79.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were given a $1.181 dividend. The ex-dividend date of this dividend was 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.