According to Zacks, “H & M Hennes & Mauritz AB offers fashion products with a broad and varied selection for women, men, teens and children through retail outlets mainly in Europe. The Company also sells its products via catalogues and the Internet. The women’s collection includes basics to tailored classics, sportswear, maternity clothes, accessories and shoes. The men’s collections include tailored pieces, modern basics, leisurewear accessories, underwear and shoes. The jeans & denim includes traditional five-pocket jeans, trendy fashion jeans and denim models in organic cotton. H&M’s cosmetics department provides a wide range of makeup, skin care and body care products. H & M Hennes & Mauritz AB is a subsidiary of Ramsbury Invest AB and is headquartered in Stockholm, Sweden. “
A number of other research firms have also recently commented on HNNMY. Nordea Equity Research upgraded shares of HENNES & MAURIT/ADR from a hold rating to a buy rating in a report on Wednesday, September 16th. Morgan Stanley cut shares of HENNES & MAURIT/ADR from an equal weight rating to an underweight rating in a report on Monday, September 14th. Citigroup restated a buy rating on shares of HENNES & MAURIT/ADR in a report on Wednesday, September 16th. Royal Bank of Canada reiterated a sector perform rating on shares of HENNES & MAURIT/ADR in a report on Wednesday, September 16th. Finally, Credit Suisse Group reiterated an underperform rating on shares of HENNES & MAURIT/ADR in a report on Wednesday, July 1st. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $3.50.
HENNES & MAURIT/ADR (OTCMKTS:HNNMY) last posted its quarterly earnings results on Thursday, June 25th. The company reported ($0.06) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.06). The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $3.07 billion. HENNES & MAURIT/ADR had a net margin of 2.49% and a return on equity of 9.29%.
About HENNES & MAURIT/ADR
H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies worldwide. It offers sportswear, underwear, shoes, bags, beauty products, stationery, ready-to-wear, jeans, home textiles, and homeware; and interior products for living rooms, kitchens, bedrooms, bathrooms, and kids' rooms.
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