H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Raised to “Strong-Buy” at Barclays

Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) to a strong-buy rating in a research report released on Friday morning, Zacks.com reports.

A number of other research firms also recently commented on HNNMY. HSBC raised shares of H & M Hennes & Mauritz AB (publ) from a hold rating to a buy rating in a research report on Friday, July 5th. Deutsche Bank Aktiengesellschaft raised shares of H & M Hennes & Mauritz AB (publ) from a sell rating to a buy rating in a research report on Wednesday, July 3rd.

H & M Hennes & Mauritz AB (publ) Trading Up 0.6 %

Shares of OTCMKTS:HNNMY opened at $3.36 on Friday. H & M Hennes & Mauritz AB has a 52 week low of $2.52 and a 52 week high of $3.69. The company’s 50 day moving average is $3.12 and its two-hundred day moving average is $3.19. The company has a current ratio of 1.08, a quick ratio of 0.55 and a debt-to-equity ratio of 1.18. The company has a market cap of $23.79 billion, a PE ratio of 25.85 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its earnings results on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The company had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.70% and a return on equity of 24.48%. Equities analysts predict that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current fiscal year.

About H & M Hennes & Mauritz AB (publ)

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.