Grupo Santander Reiterates Underweight Rating for Hennes & Mauritz AB (HM-B)

Hennes & Mauritz AB (STO: HM-B)‘s stock had its “underweight” rating restated by stock analysts at Grupo Santander in a report issued on Wednesday, StockRatingsNetwork.com reports. They currently have a SEK 190 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Hennes & Mauritz AB in a research note to investors on Wednesday, June 5th. They now have a CHF 195 price target on the stock. Analysts at AlphaValue reiterated a “reduce” rating on shares of Hennes & Mauritz AB in a research note to investors on Thursday, May 23rd. They now have a SEK 246 price target on the stock.

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.