HENNES & MAURITZ (HNNMY) Lifted to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of HENNES & MAURITZ (OTCMKTS:HNNMY) from a sell rating to a hold rating in a report issued on Monday morning.
According to Zacks, “H & M Hennes & Mauritz AB offers fashion products with a broad and varied selection for women, men, teens and children through retail outlets mainly in Europe. The Company also sells its products via catalogues and the Internet. The women’s collection includes basics to tailored classics, sportswear, maternity clothes, accessories and shoes. The men’s collections include tailored pieces, modern basics, leisurewear accessories, underwear and shoes. The jeans & denim includes traditional five-pocket jeans, trendy fashion jeans and denim models in organic cotton. H&M’s cosmetics department provides a wide range of makeup, skin care and body care products. H & M Hennes & Mauritz AB is a subsidiary of Ramsbury Invest AB and is headquartered in Stockholm, Sweden. “
Separately, Goldman Sachs Group reissued a neutral rating on shares of HENNES & MAURITZ in a research report on Tuesday, August 8th.
The business also recently disclosed a None dividend, which was paid on Monday, December 4th. Stockholders of record on Tuesday, November 14th were given a $0.083 dividend. The ex-dividend date was Monday, November 13th. This is a positive change from HENNES & MAURITZ’s previous None dividend of $0.08. HENNES & MAURITZ’s dividend payout ratio is presently 64.00%.
About HENNES & MAURITZ
H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies. It offers sportswear, underwear, shoes, bags, jewelry, scarves, hats, belts, beauty products, stationery, ready-to-wear, and jeans wear; hair styling, body care, and make-up accessories; and homeware accessories for the living room, kitchen, bedroom, bathroom and childrens room.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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