Hermès International Société en commandite par actions (OTCMKTS:HESAY) Receives Consensus Rating of “Hold” from Analysts

Shares of Hermès International Société en commandite par actions (OTCMKTS:HESAY – Get Rating) have received a consensus rating of “Hold” from the nine analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $1,376.50.

HESAY has been the topic of several analyst reports. Morgan Stanley boosted their price objective on Hermès International Société en commandite par actions from €1,300.00 ($1,397.85) to €1,429.00 ($1,536.56) and gave the stock an “equal weight” rating in a research note on Tuesday, January 18th. UBS Group boosted their price objective on Hermès International Société en commandite par actions from €1,312.00 ($1,410.75) to €1,324.00 ($1,423.66) in a research note on Tuesday, April 5th. Finally, Bryan, Garnier & Co raised Hermès International Société en commandite par actions from a “neutral” rating to a “buy” rating in a research note on Friday, March 18th.

Shares of OTCMKTS HESAY opened at $138.69 on Tuesday. The business’s 50 day moving average is $135.88 and its two-hundred day moving average is $154.04. Hermès International Société en commandite par actions has a 1-year low of $115.55 and a 1-year high of $190.43.

The business also recently announced a dividend, which was paid on Monday, March 14th. Shareholders of record on Wednesday, March 2nd were issued a dividend of $0.1833 per share. The ex-dividend date of this dividend was Tuesday, March 1st. This represents a yield of 0.31%.

About Hermès International Société en commandite par actions (Get Rating)

Hermès International Société en commandite par actions engages in the production, wholesale, and retail of various goods. The company offers leather goods and saddlery, such as bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles, and a range of equestrian products and clothing; ready-to-wear garments for men and women; and accessories, including jewelry, belts, hats, gloves, the Internet of Things products, and shoes.

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