H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Given Consensus Recommendation of “Hold” by Brokerages

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Rating) has received a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $147.88.

A number of analysts have recently commented on HNNMY shares. UBS Group cut H & M Hennes & Mauritz AB (publ) from a “buy” rating to a “neutral” rating in a research note on Monday, July 18th. Credit Suisse Group lowered their target price on shares of H & M Hennes & Mauritz AB (publ) from SEK 140 to SEK 125 and set an “underperform” rating for the company in a research note on Friday, April 8th. Royal Bank of Canada lifted their price target on shares of H & M Hennes & Mauritz AB (publ) from SEK 140 to SEK 145 and gave the stock an “outperform” rating in a research report on Thursday, June 30th. Finally, Societe Generale upped their price objective on shares of H & M Hennes & Mauritz AB (publ) from SEK 105 to SEK 125 in a research report on Tuesday, June 7th.

H & M Hennes & Mauritz AB (publ) Trading Down 3.1 %

OTCMKTS HNNMY opened at $2.48 on Friday. H & M Hennes & Mauritz AB has a 12 month low of $2.28 and a 12 month high of $4.20. The stock has a 50-day simple moving average of $2.50 and a 200 day simple moving average of $2.83. The company has a current ratio of 1.29, a quick ratio of 0.68 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $20.52 billion, a PE ratio of 17.07 and a beta of 1.22.

About H & M Hennes & Mauritz AB (publ)

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H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, teenagers, children, and babies worldwide. It offers sportswear, shoes, bags, beauty products, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.