LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) Upgraded by Berenberg Bank to Strong-Buy Rating

Berenberg Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) to a strong-buy rating in a research note published on Wednesday morning, Zacks.com reports.

Other equities research analysts have also recently issued research reports about the company. Citigroup raised LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research note on Friday, October 11th. TD Cowen raised LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research note on Thursday, October 10th.

LVMH-Moet Hennessy Louis Vuitton Stock Down 0.7 %

LVMUY stock traded down $0.89 during midday trading on Wednesday, reaching $131.70. The company had a trading volume of 337,077 shares, compared to its average volume of 283,356. LVMH-Moet Hennessy Louis Vuitton has a 1-year low of $125.00 and a 1-year high of $191.63.

LVMH-Moet Hennessy Louis Vuitton 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.