LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Brief update on interests

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY – Get Rating) was the target of significant growth in short-term interest during the month of August. As of August 31, there was short interest totaling 35,400 shares, a growth of 18.0% from the total of 30,000 shares as of August 15. Based on an average trading volume of 241,800 shares, the day-to-cover ratio is currently 0.1 day.

Changes to analyst ratings

A number of brokerages have commented on LVMUY. Berenberg Bank reduced its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €840.00 ($857.14) to €710.00 ($724.49) and set a “buy” rating for the company in a report on Tuesday, September 6. Barclays raised its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €825.00 ($841.84) to €840.00 ($857.14) in a Tuesday, September 13 report. Royal Bank of Canada raised its price target on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €790.00 ($806.12) to €815.00 ($831.63) and assigned the company a rating of “outperformance” in a report on Thursday, May 26. Kepler Capital Markets raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report dated Tuesday, June 14. Finally, the UBS group lowered its target price on LVMH Moët Hennessy – Louis Vuitton, Société Européenne from €826.00 ($842.86) to €723.00 ($737.76) and set a “buy” rating. for the company in a Tuesday, June 7 research report. Two analysts gave the stock a hold rating and nine gave the stock a buy rating. Based on MarketBeat data, LVMH Moët Hennessy – Louis Vuitton, Société Européenne currently has an average rating of “Moderate Buy” and an average price target of $786.86.

LVMH Moët Hennessy – Louis Vuitton, European Company Price Performance

Shares of LVMH Moët Hennessy – Louis Vuitton, Action Société Européenne opened at $128.42 on Friday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $112.04 and a fifty-two week high of $171.91. The company has a current ratio of 1.23, a quick ratio of 0.63 and a debt ratio of 0.25. The stock has a 50-day moving average of $132.73 and a 200-day moving average of $130.07.

About LVMH Moët Hennessy – Louis Vuitton, European Company

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LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers champagnes, wines and spirits under Clos des Lambrays, Château d’Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Cap Mentelle , Newton Vineyard, Cloudy Bay, Belvedere, Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19 and Volcan de mi Tierra.

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