UBS Reaffirms Their Hold Rating on Hermes International (HESAF)
In a report released today, Zuzanna Pusz from UBS maintained a Hold rating on Hermes International, with a price target of €1,820.00.
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According to TipRanks, Pusz is a 4-star analyst with an average return of 5.7% and a 55.19% success rate.
In addition to UBS, Hermes International also received a Hold from Barclays’s Carole Madjo in a report issued today. However, on the same day, RBC Capital maintained a Buy rating on Hermes International (Other OTC: HESAF).
Based on Hermes International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €7.97 billion and a net profit of €2.28 billion. In comparison, last year the company earned a revenue of €7.67 billion and had a net profit of €2.24 billion
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- Hermes price target lowered to EUR 1,910 from EUR 2,270 at Citi
- Hermes price target lowered to EUR 2,320 from EUR 2,360 at Deutsche Bank
- Hermes price target lowered to EUR 2,250 from EUR 2,350 at JPMorgan
- Hermes price target lowered to EUR 2,280 from EUR 2,530 at Morgan Stanley
- Hermes upgraded to Buy from Hold at Kepler Cheuvreux
