H & M Hennes & Mauritz (STO:HM-B) has been assigned a SEK 185 target price by research analysts at Kepler Capital Markets in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target points to a potential downside of 1.18% from the company’s current price.
HM-B has been the subject of several other research reports. HSBC set a SEK 185 price objective on H & M Hennes & Mauritz and gave the company a “neutral” rating in a report on Tuesday. JPMorgan Chase & Co. set a SEK 115 price objective on H & M Hennes & Mauritz and gave the company a “sell” rating in a report on Thursday, August 22nd. Finally, Royal Bank of Canada set a SEK 210 price objective on H & M Hennes & Mauritz and gave the company a “buy” rating in a report on Wednesday, August 28th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. H & M Hennes & Mauritz presently has an average rating of “Hold” and a consensus price target of SEK 159.17.
Shares of H & M Hennes & Mauritz stock opened at SEK 187.20 on Tuesday. The business has a fifty day simple moving average of SEK 178.44 and a 200-day simple moving average of SEK 161.46. H & M Hennes & Mauritz has a fifty-two week low of SEK 129.22 and a fifty-two week high of SEK 245.80.
H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles.
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