H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Downgraded by Royal Bank of Canada to Hold

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was downgraded by analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

HNNMY has been the topic of several other research reports. Barclays upgraded H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research note on Friday, September 27th. Redburn Atlantic cut H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, H & M Hennes & Mauritz AB (publ) has a consensus rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Stock Performance

Shares of H & M Hennes & Mauritz AB (publ) stock opened at $2.74 on Tuesday. H & M Hennes & Mauritz AB has a 12 month low of $2.54 and a 12 month high of $3.69. The firm has a market capitalization of $19.40 billion, a P/E ratio of 22.84 and a beta of 1.45. The company has a current ratio of 1.11, a quick ratio of 0.55 and a debt-to-equity ratio of 1.07. The business has a fifty day simple moving average of $3.07 and a two-hundred day simple moving average of $3.18.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its quarterly earnings data on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. The business had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $5.84 billion. On average, equities analysts forecast that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.