Hermes International (OTCMKTS:HESAY) Stock Rating Upgraded by Zacks Research

Hermes International (OTCMKTS:HESAY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, HSBC cut Hermes International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Hermes International Trading Down 0.1%

Hermes International stock opened at $188.92 on Monday. 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 has a fifty-two week low of $166.77 and a fifty-two week high of $288.15. The firm has a 50 day moving average price of $187.81 and a 200 day moving average price of $203.62.

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.