H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Downgraded by Barclays to “Hold”

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMYGet Free Report) was downgraded by analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

A number of other equities research analysts have also issued reports on the company. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Redburn Atlantic cut shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Analysis on HNNMY

H & M Hennes & Mauritz AB (publ) Stock Down 2.4 %

Shares of HNNMY opened at $2.63 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock’s 50 day moving average is $2.65 and its two-hundred day moving average is $2.91. The firm has a market cap of $18.59 billion, a P/E ratio of 18.75 and a beta of 1.43. H & M Hennes & Mauritz AB has a 12 month low of $2.46 and a 12 month high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMYGet Free Report) last announced its earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. Analysts predict that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Company Profile

(Get Free Report)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.

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Analyst Recommendations for H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY)

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