Hermes International (OTCMKTS:HESAY) Raised to “Buy” at HSBC

Hermes International (OTCMKTS:HESAY) was upgraded by equities researchers at HSBC from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

Separately, Jefferies Financial Group upgraded shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Hermes International Price Performance

OTCMKTS:HESAY opened at $224.90 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.65 and a current ratio of 4.50. The stock’s fifty day simple moving average is $245.91 and its 200-day simple moving average is $246.91. Hermes International has a 12-month low of $215.88 and a 12-month high of $294.72.

About Hermes International

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.