H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Rating Upgraded by Barclays

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a report issued on Friday, Zacks.com reports.

Several other equities analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded H & M Hennes & Mauritz AB (publ) from a “sell” rating to a “buy” rating in a report on Wednesday, July 3rd. HSBC raised shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “buy” rating in a research report on Friday, July 5th.

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

HNNMY opened at $3.36 on Friday. The company has a market capitalization of $23.79 billion, a price-to-earnings ratio of 25.85 and a beta of 1.43. The business’s 50-day moving average price is $3.12 and its two-hundred day moving average price is $3.19. H & M Hennes & Mauritz AB has a 1 year low of $2.52 and a 1 year high of $3.69. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 0.55.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced 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 firm had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.70% and a return on equity of 24.48%. Equities analysts expect that H & M Hennes & Mauritz AB will post 0.16 EPS for the current fiscal 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.