HERMES INTL SCA/ADR (OTCMKTS:HESAY) Coverage Initiated at Citigroup
A number of other research firms have also issued reports on HESAY. UBS Group reiterated a buy rating on shares of HERMES INTL SCA/ADR in a report on Friday, April 24th. Sanford C. Bernstein upgraded HERMES INTL SCA/ADR from a market perform rating to an outperform rating in a research note on Thursday, March 12th. Kepler Capital Markets upgraded HERMES INTL SCA/ADR to a buy rating in a report on Tuesday, March 17th. Goldman Sachs Group raised HERMES INTL SCA/ADR from a sell rating to a neutral rating in a research report on Monday, March 30th. Finally, Morgan Stanley restated an equal weight rating on shares of HERMES INTL SCA/ADR in a research note on Wednesday, June 24th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. HERMES INTL SCA/ADR presently has an average rating of Hold.
HESAY opened at $83.53 on Friday. The stock’s 50-day moving average price is $80.91 and its 200 day moving average price is $75.03. HERMES INTL SCA/ADR has a 12-month low of $55.31 and a 12-month high of $88.95.
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of goods. The company offers leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a range of equestrian products and clothing; ready-to-wear garments for men and women; accessories, including jewelry in enamel, horn, lacquered wood, and leather, as well as belts, hats, gloves, the Internet of Things products, and shoes; silk and textiles for men and women; art of living products comprising furniture and lighting, furnishing fabrics and wallpapers, ornaments and tableware, and personalized creations; perfumes; and watches.
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