HORNBACH Holding AG & Co. KGaA (OTCMKTS:HBBHF) Downgraded to “Hold” at Berenberg Bank

Berenberg Bank downgraded shares of HORNBACH Holding AG & Co. KGaA (OTCMKTS:HBBHF – Get Rating) from a buy rating to a hold rating in a research note issued to investors on Monday, The Fly reports.

HORNBACH Holding AG & Co. KGaA Price Performance

OTCMKTS HBBHF opened at $134.00 on Monday. The business has a 50 day simple moving average of $134.00 and a 200 day simple moving average of $134.00. HORNBACH Holding AG & Co. KGaA has a one year low of $134.00 and a one year high of $134.00.

HORNBACH Holding AG & Co. KGaA Company Profile

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HORNBACH Holding AG & Co KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. Its stationary stores offer approximately 50,000 articles in various divisions, including hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden hardware/plants.