Barclays Increases Hermès International Société en commandite par actions (OTCMKTS:HESAY) Price Target to €1,340.00

Hermès International Société en commandite par actions (OTCMKTS:HESAYGet Rating) had its price target hoisted by stock analysts at Barclays from €1,290.00 ($1,357.89) to €1,340.00 ($1,410.53) in a research report issued on Tuesday, The Fly reports. The brokerage currently has an “equal weight” rating on the stock.

Several other equities analysts have also recently issued reports on HESAY. UBS Group upped their target price on shares of Hermès International Société en commandite par actions from €1,312.00 ($1,381.05) to €1,324.00 ($1,393.68) in a research note on Tuesday, April 5th. Bryan, Garnier & Co upgraded shares of Hermès International Société en commandite par actions from a “neutral” rating to a “buy” rating in a research note on Friday, March 18th. JPMorgan Chase & Co. upped their target price on shares of Hermès International Société en commandite par actions from €1,150.00 ($1,210.53) to €1,205.00 ($1,268.42) and gave the company a “neutral” rating in a research note on Tuesday, April 19th. Societe Generale upped their target price on shares of Hermès International Société en commandite par actions from €1,510.00 ($1,589.47) to €1,624.00 ($1,709.47) in a research note on Wednesday, April 20th. Finally, Morgan Stanley upped their target price on shares of Hermès International Société en commandite par actions from €1,300.00 ($1,368.42) to €1,429.00 ($1,504.21) and gave the company an “equal weight” rating in a research note on Tuesday, January 18th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1,178.14.

HESAY opened at $118.40 on Tuesday. The company’s 50-day simple moving average is $133.30 and its two-hundred day simple moving average is $152.78. Hermès International Société en commandite par actions has a 52-week low of $115.55 and a 52-week high of $190.43.

Hermès International Société en commandite par actions Company Profile (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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