HENNES & MAURIT/ADR (OTCMKTS:HNNMY) Receives Average Recommendation of “Hold” from Brokerages

HENNES & MAURIT/ADR (OTCMKTS:HNNMY) has been assigned an average rating of “Hold” from the twelve brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $3.50.

Several analysts have weighed in on the company. ValuEngine raised HENNES & MAURIT/ADR from a “hold” rating to a “buy” rating in a report on Friday, July 10th. Barclays assumed coverage on HENNES & MAURIT/ADR in a report on Wednesday, April 15th. They issued an “overweight” rating on the stock. Royal Bank of Canada cut HENNES & MAURIT/ADR from an “outperform” rating to a “sector perform” rating in a report on Monday, May 4th. Goldman Sachs Group cut HENNES & MAURIT/ADR from a “neutral” rating to a “sell” rating in a report on Sunday, May 10th. Finally, UBS Group reaffirmed a “neutral” rating on shares of HENNES & MAURIT/ADR in a report on Tuesday, June 30th.

Shares of HNNMY opened at $3.04 on Tuesday. The stock’s 50-day simple moving average is $2.97 and its 200 day simple moving average is $3.12. The stock has a market capitalization of $22.18 billion, a price-to-earnings ratio of 50.62 and a beta of 1.29. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.41 and a current ratio of 1.02. HENNES & MAURIT/ADR has a 52-week low of $1.88 and a 52-week high of $4.36.

HENNES & MAURIT/ADR (OTCMKTS:HNNMY) last issued its quarterly earnings data on Thursday, June 25th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.06). The business had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $3.07 billion. HENNES & MAURIT/ADR had a return on equity of 9.29% and a net margin of 2.49%. On average, research analysts forecast that HENNES & MAURIT/ADR will post 0.01 earnings per share for the current fiscal year.


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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