H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Cut to Hold at Barclays

Barclays lowered shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Redburn Atlantic lowered H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.

H & M Hennes & Mauritz AB (publ) Stock Down 2.4 %

HNNMY opened at $2.63 on Tuesday. The company has a market cap of $18.59 billion, a PE ratio of 18.75 and a beta of 1.43. H & M Hennes & Mauritz AB has a twelve month low of $2.46 and a twelve month high of $3.69. The company has a 50-day moving average price of $2.65 and a 200 day moving average price of $2.91. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. Sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.15 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.