H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Raised to “Strong-Buy” at Barclays

Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) to a strong-buy rating in a research report released on Friday morning, Zacks.com reports.

A number of other equities research analysts have also issued reports on the stock. HSBC upgraded shares of H & M Hennes & Mauritz AB (publ) from a hold rating to a buy rating in a report on Friday, July 5th. Deutsche Bank Aktiengesellschaft upgraded shares of H & M Hennes & Mauritz AB (publ) from a sell rating to a buy rating in a report on Wednesday, July 3rd.

H & M Hennes & Mauritz AB (publ) Stock Performance

Shares of HNNMY stock opened at $3.36 on Friday. The firm’s 50 day moving average price is $3.12 and its 200-day moving average price is $3.19. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.55 and a current ratio of 1.08. H & M Hennes & Mauritz AB has a one year low of $2.52 and a one year high of $3.69. The firm has a market cap of $23.79 billion, a P/E ratio of 25.85 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its earnings results on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 24.48% and a net margin of 4.70%. As a group, equities research analysts predict that H & M Hennes & Mauritz AB will post 0.16 EPS for the current year.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.