Hermes International (OTCMKTS:HESAY) Upgraded to “Buy” at HSBC

HSBC upgraded shares of Hermes International (OTCMKTS:HESAY) from a hold rating to a buy rating in a report issued on Tuesday.

Separately, Jefferies Financial Group upgraded shares of Hermes International from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Hermes International Stock Performance

HESAY opened at $224.90 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.65 and a current ratio of 4.50. The company’s 50-day simple moving average is $245.91 and its two-hundred day simple moving average is $246.91. Hermes International has a 52-week low of $215.88 and a 52-week high of $294.72.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.