Hermes International (OTCMKTS:HESAY) Upgraded to Strong-Buy at Jefferies Financial Group

Hermes International (OTCMKTS:HESAY) was upgraded by equities researchers at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

A number of other brokerages have also weighed in on HESAY. DZ Bank upgraded Hermes International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 8th. Barclays cut Hermes International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Hermes International Stock Performance

Shares of HESAY stock opened at $253.89 on Monday. Hermes International has a 52 week low of $232.01 and a 52 week high of $303.00. The company has a 50-day simple moving average of $249.26 and a 200 day simple moving average of $250.47. The company has a quick ratio of 3.65, a current ratio of 4.50 and a debt-to-equity ratio of 0.10.

About Hermes International

Hermès International is a French luxury goods company renowned for its high-end leather goods, scarves, ready-to-wear apparel, watches, jewelry, fragrances and home accessories. Founded in 1837 as a harness and bridle workshop, the firm has evolved into one of the world’s most recognizable luxury maisons, known for artisanal craftsmanship, quality materials and a focus on timeless design. The company is headquartered in Paris and maintains a strong heritage identity that influences its product development and brand positioning.

Key product categories include leather goods and iconic handbags, silk scarves and ties, fashion and accessories, timepieces and fine jewelry, as well as fragrances and selected home collections.