Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Hermes International SA – Unsponsored ADR (OTCMKTS:HESAY) has been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.

Several research analysts have recently commented on HESAY shares. Royal Bank Of Canada cut shares of Hermes International from an “outperform” rating to a “sector perform” rating in a report on Tuesday, August 18th. HSBC downgraded Hermes International from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research raised Hermes International from a “strong sell” rating to a “hold” rating in a research note on Monday, August 10th.

Hermes International Trading Up 0.9%

HESAY stock opened at $146.29 on Friday. Hermes International has a fifty-two week low of $143.70 and a fifty-two week high of $265.89. The business’s fifty day moving average price is $171.95 and its two-hundred day moving average price is $184.73.

About Hermes International

Hermès International is a French luxury-goods company known for its craftsmanship, distinctive design and long-standing heritage. The business was founded in Paris in 1837 by Thierry Hermès as a harness and saddlery workshop, and it has evolved into a global luxury brand while retaining a strong connection to artisanal production.

The company offers a broad range of products, including leather goods and saddlery, silk and textiles, ready-to-wear clothing, footwear, fashion accessories, jewelry, watches, fragrances, beauty products and home furnishings.