H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Upgraded at Barclays

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

HNNMY has been the subject of several other reports. Deutsche Bank Aktiengesellschaft raised shares of H & M Hennes & Mauritz AB (publ) from a sell rating to a buy rating in a report on Wednesday, July 3rd. HSBC upgraded H & M Hennes & Mauritz AB (publ) from a hold rating to a buy rating in a research report on Friday, July 5th.

H & M Hennes & Mauritz AB (publ) Stock Performance

OTCMKTS:HNNMY opened at $3.36 on Friday. The business’s fifty day moving average is $3.12 and its 200 day moving average is $3.19. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of 25.85 and a beta of 1.43. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.55 and a current ratio of 1.08. 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 quarterly earnings results on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a net margin of 4.70% and a return on equity of 24.48%. The company had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $5.84 billion. Research analysts predict that H & M Hennes & Mauritz AB will post 0.16 EPS 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.