H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Upgraded to Strong-Buy at Barclays

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was upgraded by research analysts at Barclays to a "strong-buy" rating in a report issued on Friday, Zacks.com reports.

A number of other research firms have also commented on HNNMY. HSBC raised H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "buy" rating in a report on Friday, July 5th. Deutsche Bank Aktiengesellschaft raised H & M Hennes & Mauritz AB (publ) from a "sell" rating to a "buy" rating in a research note on Wednesday, July 3rd.

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

Shares of H & M Hennes & Mauritz AB (publ) stock traded down $0.10 during trading hours on Friday, reaching $3.26. The company had a trading volume of 31,677 shares, compared to its average volume of 38,872. H & M Hennes & Mauritz AB has a one year low of $2.52 and a one year high of $3.69. The business has a fifty day simple moving average of $3.12 and a 200 day simple moving average of $3.19. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 0.55. The firm has a market cap of $23.08 billion, a PE ratio of 25.85 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last posted its quarterly earnings results on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a return on equity of 24.48% and a net margin of 4.70%. The company had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. On average, analysts anticipate that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current fiscal 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.