Berenberg Bank Sticks to Their Buy Rating for Hermes International (HESAF)
In a report released today, Nick Anderson CFA from Berenberg Bank maintained a Buy rating on Hermes International, with a price target of €2,600.00.
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According to TipRanks, Anderson CFA is ranked #8065 out of 12193 analysts.
In addition to Berenberg Bank, Hermes International also received a Buy from Bernstein’s Luca Solca in a report issued on April 28. However, on April 23, Citi maintained a Hold 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 1,821 from EUR 1,910 at Citi
- Hermes price target lowered to EUR 2,000 from EUR 2,250 at JPMorgan
- Hermes price target lowered to EUR 1,930 from EUR 2,280 at Morgan Stanley
- 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
