Brokerages Set Hermès International Société en commandite par actions (OTCMKTS:HESAY) Price Target at $1,360.75

Hermès International Société en commandite par actions (OTCMKTS:HESAYGet Rating) has been given an average rating of “Hold” by the nine research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $1,360.75.

Several analysts recently weighed in on the stock. UBS Group cut their price objective on shares of Hermès International Société en commandite par actions from €1,404.00 ($1,432.65) to €1,185.00 ($1,209.18) in a research report on Tuesday, June 7th. Barclays upgraded shares of Hermès International Société en commandite par actions from an “equal weight” rating to an “overweight” rating in a research note on Friday, September 9th. Finally, HSBC cut shares of Hermès International Société en commandite par actions from a “buy” rating to a “hold” rating in a research note on Thursday, September 1st.

Hermès International Société en commandite par actions Stock Down 3.9 %

OTCMKTS:HESAY opened at $119.53 on Friday. Hermès International Société en commandite par actions has a fifty-two week low of $100.95 and a fifty-two week high of $190.43. The firm’s 50 day moving average is $130.70 and its two-hundred day moving average is $124.42.

About Hermès International Société en commandite par actions

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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.

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

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