H & M Hennes & Mauritz (STO:HM.B) has been given a SEK 140 target price by investment analysts at Royal Bank of Canada in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts have also recently issued reports on HM.B. Morgan Stanley set a SEK 90 price objective on shares of H & M Hennes & Mauritz and gave the company a “sell” rating in a research report on Monday. Kepler Capital Markets set a SEK 185 price objective on H & M Hennes & Mauritz and gave the stock a “buy” rating in a research note on Monday, June 29th. Credit Suisse Group set a SEK 121 price objective on H & M Hennes & Mauritz and gave the stock a “sell” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. set a SEK 190 target price on H & M Hennes & Mauritz and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, Sanford C. Bernstein set a SEK 130 price target on H & M Hennes & Mauritz and gave the company a “sell” rating in a research note on Tuesday. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. H & M Hennes & Mauritz currently has a consensus rating of “Hold” and a consensus target price of SEK 147.83.
The stock has a 50 day moving average of SEK 144.90 and a 200-day moving average of SEK 159.12. H & M Hennes & Mauritz has a 12 month low of SEK 129.22 and a 12 month high of SEK 245.80.
H & M Hennes & Mauritz Company Profile
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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