HENNES & MAURIT/ADR (OTCMKTS:HNNMY) Stock Rating Reaffirmed by Royal Bank of Canada

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HENNES & MAURIT/ADR (OTCMKTS:HNNMY)‘s stock had its “sector perform” rating reiterated by equities researchers at Royal Bank of Canada in a research report issued to clients and investors on Wednesday, The Fly reports.

A number of other research firms have also issued reports on HNNMY. ValuEngine raised shares of HENNES & MAURIT/ADR from a “hold” rating to a “buy” rating in a research report on Friday, July 10th. Morgan Stanley cut shares of HENNES & MAURIT/ADR from an “equal weight” rating to an “underweight” rating in a research report on Monday. Nordea Equity Research upgraded HENNES & MAURIT/ADR from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research lowered shares of HENNES & MAURIT/ADR from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. Finally, UBS Group restated a “neutral” rating on shares of HENNES & MAURIT/ADR in a report on Tuesday, June 30th. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $3.50.

OTCMKTS:HNNMY traded up $0.31 during trading hours on Wednesday, hitting $3.52. The stock had a trading volume of 154,543 shares, compared to its average volume of 103,993. The firm has a market capitalization of $25.71 billion, a price-to-earnings ratio of 58.67 and a beta of 1.32. The company has a 50 day simple moving average of $3.16 and a two-hundred day simple moving average of $2.92. HENNES & MAURIT/ADR has a one year low of $1.88 and a one year high of $4.36. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.02 and a quick ratio of 0.41.

HENNES & MAURIT/ADR (OTCMKTS:HNNMY) last posted its quarterly earnings results on Thursday, June 25th. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.06). HENNES & MAURIT/ADR had a return on equity of 9.29% and a net margin of 2.49%. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $3.07 billion.

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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Analyst Recommendations for HENNES & MAURIT/ADR (OTCMKTS:HNNMY)

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