H & M Hennes & Mauritz AB (HM-B) Given Average Recommendation of “Sell” by Brokerages

Share on StockTwits

Shares of H & M Hennes & Mauritz AB (STO:HM-B) have received an average recommendation of “Sell” from the seven brokerages that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is SEK 132.50.

HM-B has been the subject of a number of recent research reports. JPMorgan Chase & Co. set a SEK 110 price objective on shares of H & M Hennes & Mauritz and gave the company a “sell” rating in a report on Monday, April 1st. Goldman Sachs Group set a SEK 125 price objective on shares of H & M Hennes & Mauritz and gave the company a “sell” rating in a report on Monday, April 1st. Finally, Credit Suisse Group set a SEK 120 price objective on shares of H & M Hennes & Mauritz and gave the company a “sell” rating in a report on Tuesday, April 2nd.

HM-B stock traded up SEK 1.90 during mid-day trading on Friday, reaching SEK 169.96. The company’s stock had a trading volume of 3,308,208 shares, compared to its average volume of 7,600,000. H & M Hennes & Mauritz has a fifty-two week low of SEK 129.22 and a fifty-two week high of SEK 245.80.

About H & M Hennes & Mauritz

H & M Hennes & Mauritz AB is a Sweden-based company active in the clothing industry. It operates under such brand names, as H&M, H&M Home, COS, Monki, Weekday, Cheap Monday and & Other Stories. It is engaged in the design, manufacture and marketing of clothing items and related accessories. The Company’s product range comprises clothing, including underwear and sportswear, for men, women, children and teenagers, as well as cosmetic products, accessories, footwear and home textiles.

Further Reading: Bear Market – How and Why They Occur

Analyst Recommendations for H & M Hennes & Mauritz (STO:HM-B)

Receive News & Ratings for H & M Hennes & Mauritz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H & M Hennes & Mauritz and related companies with MarketBeat.com's FREE daily email newsletter.