Hermes International SA – Unsponsored ADR (HESAY) – What Are Investment Firms Thinking About This Stock?

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) has been assigned an average rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have recently commented on HESAY. Rothschild & Co Redburn lowered Hermes International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 1st. UBS Group lowered shares of Hermes International from a “neutral” rating to a “sell” rating in a research note on Monday, October 5th. HSBC cut shares of Hermes International from a “buy” rating to a “hold” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group started coverage on shares of Hermes International in a research report on Monday, October 5th. They set a “sell” rating on the stock. Finally, Zacks Research lowered shares of Hermes International from a “hold” rating to a “strong sell” rating in a report on Monday, October 12th.

Hermes International Stock Up 0.9%

Shares of Hermes International stock opened at $150.37 on Wednesday. The stock’s fifty day moving average is $162.74 and its two-hundred day moving average is $180.40. Hermes International has a 52 week low of $140.93 and a 52 week high of $265.89.

Hermes International Company Profile

Hermès International is a French luxury-goods company headquartered in Paris. Founded in 1837 by Thierry Hermès as a harness workshop, the company has evolved into a global manufacturer and retailer of high-end products while retaining a strong focus on craftsmanship, quality and long-term brand heritage.

Hermès designs and sells leather goods and saddlery, including handbags, luggage and equestrian equipment. Its other product categories include silk and textiles, ready-to-wear clothing, shoes, fashion accessories, perfumes and beauty products, watches, jewelry, and home furnishings.