Kepler Capital Markets set a SEK 185 price target on H & M Hennes & Mauritz (STO:HM.B) in a report released on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
HM.B has been the topic of a number of other reports. DZ Bank reissued a sell rating on shares of H & M Hennes & Mauritz in a research note on Friday, April 3rd. UBS Group set a SEK 122.20 price objective on H & M Hennes & Mauritz and gave the company a neutral rating in a research note on Monday, June 15th. Barclays set a SEK 180 price objective on H & M Hennes & Mauritz and gave the company a buy rating in a research note on Wednesday, April 15th. Morgan Stanley set a SEK 90 price target on H & M Hennes & Mauritz and gave the stock a neutral rating in a research note on Tuesday, May 12th. Finally, Jefferies Financial Group set a SEK 140 price target on H & M Hennes & Mauritz and gave the stock a neutral rating in a research note on Thursday, April 23rd. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of SEK 145.75.
Shares of STO:HM.B opened at SEK 140.80 on Monday. The business’s 50-day moving average is SEK 141.42 and its 200-day moving average is SEK 162.51. H & M Hennes & Mauritz has a 1 year low of SEK 129.22 and a 1 year high of SEK 245.80.
About H & M Hennes & Mauritz
H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles.
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