Hermes International (OTCMKTS:HESAY - Get Free Report) was downgraded by UBS Group from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Thursday,Zacks.com reports.
Separately, Royal Bank Of Canada raised Hermes International to a "moderate buy" rating in a research note on Monday, May 12th.
Get Our Latest Stock Analysis on Hermes International
Hermes International Stock Performance
Shares of HESAY opened at $240.11 on Thursday. The business's 50 day moving average is $270.77 and its 200 day moving average is $272.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.26 and a quick ratio of 3.49. Hermes International has a 12-month low of $206.66 and a 12-month high of $303.00.
About Hermes International
(
Get Free Report)
Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, travel articles, small leather goods and accessories, saddles, bridles, and a full range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hermes International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hermes International wasn't on the list.
While Hermes International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
