H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) 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.
View Our Latest Analysis on H & M Hennes & Mauritz AB (publ)
H & M Hennes & Mauritz AB (publ) Stock Up 0.6 %
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) 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.
Featured Stories
- Five stocks we like better than H & M Hennes & Mauritz AB (publ)
- Most active stocks: Dollar volume vs share volume
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- Consumer Discretionary Stocks Explained
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- What Are Dividends? Buy the Best Dividend Stocks
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Receive News & Ratings for H & M Hennes & Mauritz AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H & M Hennes & Mauritz AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.