Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $138.06, but opened at $143.28. Hermes International shares last traded at $143.28, with a volume of 3,849 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on HESAY shares. Zacks Research lowered Hermes International from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. Berenberg Bank downgraded Hermes International from a “strong-buy” rating to a “hold” rating in a report on Friday. Rothschild & Co Redburn lowered Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. UBS Group cut Hermes International from a “neutral” rating to a “sell” rating in a research note on Monday, October 5th. Finally, The Goldman Sachs Group initiated coverage on Hermes International in a research report on Monday, October 5th. They set a “sell” rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.
Check Out Our Latest Stock Report on Hermes International
Hermes International Stock Performance
The business’s 50-day simple moving average is $160.47 and its 200-day simple moving average is $179.39.
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.
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