Hermès International Société en commandite par actions (OTCMKTS:HESAY) Upgraded by HSBC to “Buy”

HSBC upgraded shares of Hermès International Société en commandite par actions (OTCMKTS:HESAYGet Rating) from a hold rating to a buy rating in a research report report published on Monday morning, The Fly reports.

Several other research analysts have also commented on HESAY. JPMorgan Chase & Co. raised their price objective on Hermès International Société en commandite par actions from €1,150.00 ($1,223.40) to €1,205.00 ($1,281.91) and gave the company a neutral rating in a research report on Tuesday, April 19th. Societe Generale lifted their target price on Hermès International Société en commandite par actions from €1,510.00 ($1,606.38) to €1,624.00 ($1,727.66) in a research report on Wednesday, April 20th. Barclays lifted their price target on Hermès International Société en commandite par actions from €1,290.00 ($1,372.34) to €1,340.00 ($1,425.53) and gave the stock an equal weight rating in a research note on Tuesday, May 3rd. UBS Group decreased their target price on Hermès International Société en commandite par actions from €1,404.00 ($1,493.62) to €1,185.00 ($1,260.64) in a research note on Tuesday, June 7th. Finally, Bryan, Garnier & Co upgraded Hermès International Société en commandite par actions from a neutral rating to a buy rating in a research note on Friday, March 18th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hermès International Société en commandite par actions currently has an average rating of Hold and an average target price of $1,154.98.

Shares of HESAY opened at $112.41 on Monday. The stock’s fifty day simple moving average is $114.04 and its 200 day simple moving average is $136.04. Hermès International Société en commandite par actions has a twelve month low of $100.95 and a twelve month high of $190.43.

The business also recently declared a dividend, which was paid on Wednesday, May 11th. Stockholders of record on Tuesday, April 26th were issued a dividend of $0.4578 per share. This is a boost from Hermès International Société en commandite par actions’s previous dividend of $0.18. This represents a dividend yield of 0.47%. The ex-dividend date was Monday, April 25th.

About Hermès International Société en commandite par actions (Get Rating)

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, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a 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.

See Also

The Fly logo

Analyst Recommendations for Hermès International Société en commandite par actions (OTCMKTS:HESAY)

Receive News & Ratings for Hermès International Société en commandite par actions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hermès International Société en commandite par actions and related companies with MarketBeat.com's FREE daily email newsletter.