H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Average Rating of "Hold" from Brokerages

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) have received a consensus recommendation of "Hold" from the six brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.

A number of research analysts have commented on HNNMY shares. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a report on Tuesday, November 26th. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Barclays lowered H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th.

H & M Hennes & Mauritz AB (publ) Stock Performance

Shares of OTCMKTS HNNMY traded down $0.11 during midday trading on Friday, hitting $2.64. 261,056 shares of the company's stock were exchanged, compared to its average volume of 69,992. 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 has a 12 month low of $2.46 and a 12 month high of $3.69. The company's 50 day moving average price is $2.66 and its 200 day moving average price is $2.89. The firm has a market capitalization of $18.69 billion, a PE ratio of 18.86 and a beta of 1.40.

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H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.04 EPS 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 predict 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.