Hermes International (OTCMKTS:HESAY) Lowered to “Sector Perform” Rating by Royal Bank Of Canada

Hermes International (OTCMKTS:HESAY) was downgraded by investment analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a research report issued on Tuesday.

Other analysts also recently issued reports about the stock. Zacks Research upgraded shares of Hermes International from a “strong sell” rating to a “hold” rating in a report on Monday, August 10th. HSBC lowered Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Hermes International Stock Down 2.1%

OTCMKTS HESAY opened at $178.60 on Tuesday. The stock has a 50 day moving average price of $187.58 and a 200-day moving average price of $201.63. Hermes International has a one year low of $166.77 and a one year high of $288.15. The company has a current ratio of 4.99, a quick ratio of 4.19 and a debt-to-equity ratio of 0.11.

Hermes International Company Profile

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.