LVMH-Moet Hennessy Louis Vuitton (OTC:LVMUY) Upgraded to “Strong-Buy” at Berenberg Bank

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.

A number of other research firms also recently issued reports on LVMUY. Citigroup raised LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research report on Friday, October 11th. TD Cowen upgraded LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a report on Thursday, October 10th.

LVMH-Moet Hennessy Louis Vuitton Trading Down 0.7 %

Shares of LVMUY traded down $0.89 during mid-day 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 fifty-two week low of $125.00 and a fifty-two week high of $191.63.

About LVMH-Moet Hennessy Louis Vuitton

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.