H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Downgraded to “Hold” Rating by Hsbc Global Res

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was downgraded by research analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

HNNMY has been the topic of several other reports. Barclays downgraded shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Royal Bank of Canada downgraded shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

H & M Hennes & Mauritz AB (publ) Stock Up 3.6 %

H & M Hennes & Mauritz AB (publ) stock opened at $2.85 on Wednesday. The company’s 50-day moving average price is $2.65 and its two-hundred day moving average price is $2.90. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. The stock has a market cap of $20.18 billion, a P/E ratio of 20.36 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.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate 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%. As a group, analysts expect that H & M Hennes & Mauritz AB will post 0.15 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.