H & M Hennes & Mauritz (STO:HM.B) received a SEK 130 price objective from investment analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock.
Other analysts have also issued research reports about the company. UBS Group set a SEK 133 price objective on H & M Hennes & Mauritz and gave the stock a “neutral” rating in a report on Tuesday. Credit Suisse Group set a SEK 121 price target on shares of H & M Hennes & Mauritz and gave the stock a “sell” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. set a SEK 190 target price on shares of H & M Hennes & Mauritz and gave the company a “buy” rating in a research report on Friday, June 26th. Kepler Capital Markets set a SEK 185 price objective on H & M Hennes & Mauritz and gave the company a “buy” rating in a report on Monday, June 29th. Finally, Royal Bank of Canada set a SEK 150 target price on H & M Hennes & Mauritz and gave the stock a “neutral” rating in a report on Monday, June 29th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of SEK 147.83.
The business has a 50 day moving average price of SEK 144.90 and a 200 day moving average price of SEK 159.12. H & M Hennes & Mauritz has a 52 week low of SEK 129.22 and a 52 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.
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