Separately, Zacks Investment Research upgraded LVMH Moet Hennessy Louis Vuitton from a hold rating to a buy rating and set a $64.00 target price for the company in a research note on Friday, October 20th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. LVMH Moet Hennessy Louis Vuitton currently has an average rating of Hold and a consensus target price of $65.00.
Shares of LVMH Moet Hennessy Louis Vuitton (OTCMKTS LVMUY) traded down $0.58 on Monday, hitting $58.70. The stock had a trading volume of 40,842 shares, compared to its average volume of 91,616. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.83 and a quick ratio of 1.02. LVMH Moet Hennessy Louis Vuitton has a 12 month low of $37.07 and a 12 month high of $60.34.
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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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