Hennes & Mauritz AB (OTCMKTS:HNNMY) Given Consensus Rating of “Hold” by Analysts

Hennes & Mauritz AB (OTCMKTS:HNNMY) has been assigned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company.

HNNMY has been the topic of a number of research reports. Oddo Bhf upgraded shares of Hennes & Mauritz to a “neutral” rating in a report on Thursday, December 18th. Citigroup raised shares of Hennes & Mauritz from a “sell” rating to a “hold” rating in a research report on Thursday, December 11th.

Hennes & Mauritz Stock Performance

Shares of HNNMY opened at $3.81 on Friday. The company has a 50-day simple moving average of $3.81 and a two-hundred day simple moving average of $3.41. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.00 and a quick ratio of 0.46. The firm has a market capitalization of $26.83 billion, a PE ratio of 27.18 and a beta of 1.20. Hennes & Mauritz has a one year low of $2.37 and a one year high of $4.17.

Hennes & Mauritz Company Profile

Hennes & Mauritz AB, commonly known as H&M, is a Swedish multinational fashion retailer that designs, sources and sells ready-to-wear clothing, accessories and home textiles. The company traces its roots to 1947, when Erling Persson opened a women’s clothing store called Hennes (“hers”) in Västerås, Sweden; the business expanded into menswear after the acquisition of a Stockholm-based retailer, Mauritz Widforss, in the late 1960s, which led to the Hennes & Mauritz name. Today the company is headquartered in Stockholm and operates a global retail business built around multiple branded concepts.

H&M’s core activities include product design, sourcing and retailing of fashion for women, men, teenagers and children, as well as home goods under its H&M Home line.