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Barclays Reaffirms Their Hold Rating on Hermes International (HESAF)

Tipranks - Tipranks - Wed May 13, 1:32AM CDT

In a report released today, Carole Madjo from Barclays maintained a Hold rating on Hermes International, with a price target of €1,700.00.

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According to TipRanks, Madjo is ranked #9430 out of 12186 analysts.

In addition to Barclays, Hermes International also received a Hold from Citi’s Thomas Chauvet in a report issued on April 23. However, yesterday, Berenberg Bank maintained a Buy rating on Hermes International (Other OTC: HESAF).

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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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