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

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a note issued to investors on Friday, Zacks.com reports.

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

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

Shares of HNNMY opened at $3.36 on Friday. The firm’s 50-day simple moving average is $3.12 and its 200 day simple moving average is $3.19. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.55 and a current ratio of 1.08. The firm has a market cap of $23.79 billion, a P/E ratio of 25.85 and a beta of 1.43. H & M Hennes & Mauritz AB has a 52 week low of $2.52 and a 52 week high of $3.69.

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

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

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.